Eutelsat Group (OTCMKTS:ETCMY) Share Price Passes Above 50 Day Moving Average – Here’s Why

Eutelsat Group (OTCMKTS:ETCMYGet Free Report)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.93 and traded as high as $1.06. Eutelsat Group shares last traded at $1.03, with a volume of 15,392 shares traded.

Eutelsat Group Trading Down 3.3%

The stock’s 50-day simple moving average is $0.93 and its two-hundred day simple moving average is $1.01.

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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