Inmarsat Plc (OTCMKTS:IMASF – Get Free Report)’s share price dropped 7.7% during mid-day trading on Friday . The company traded as low as $8.12 and last traded at $8.12. Approximately 100 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 133 shares. The stock had previously closed at $8.80.
Inmarsat Trading Down 7.7%
The firm’s fifty day simple moving average is $8.12 and its 200 day simple moving average is $8.12.
Inmarsat Company Profile
Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, US Government, Enterprise, Aviation, and Global Government. It offers voice and data broadband services; global maritime distress and safety system services; mobile and fixed voice services; a portfolio of machine-to-machine services that provide two-way data connectivity for messaging, tracking, and monitoring of fixed or mobile assets; maritime satellite services, including very small aperture terminals and television receive only antenna services; and Global Xpress, a high-speed broadband service that offer seamless connectivity for advanced data services on land, at sea, and in the air.
See Also
- Five stocks we like better than Inmarsat
- Comparing and Trading High PE Ratio Stocks
- Synopsys Sees Bullish Shift as Ansys Integration Drives Growth
- Insider Trades May Not Tell You What You Think
- The Best Holiday Present You Can Give Yourself? Costco Stock
- Technology Stocks Explained: Here’s What to Know About Tech
- Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff
Receive News & Ratings for Inmarsat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inmarsat and related companies with MarketBeat.com's FREE daily email newsletter.
