Eutelsat Group (OTCMKTS:ETCMY) Stock Passes Below 200 Day Moving Average – Here’s Why

Eutelsat Group (OTCMKTS:ETCMYGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.00 and traded as low as $0.47. Eutelsat Group shares last traded at $0.50, with a volume of 530 shares trading hands.

Eutelsat Group Stock Performance

The firm’s 50-day simple moving average is $0.82 and its 200 day simple moving average is $1.00.

Eutelsat Group Company Profile

(Get Free Report)

Eutelsat Group, together with its subsidiaries, engages in the operation of telecommunication satellites. It provides capacity for video services, fixed data, and government services; and capacity in connectivity applications, such as fixed broadband and mobile connectivity. The company offers its services under the Eutelsat brand directly and through distributors.

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