Global Eagle Entertainment Inc. (ENT) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Global Eagle Entertainment Inc. (NASDAQ:ENT) have been assigned a consensus rating of “Hold” from the six analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company.
Separately, BidaskClub lowered shares of Global Eagle Entertainment from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th.
Shares of Global Eagle Entertainment (NASDAQ:ENT) traded up 1.7867% during midday trading on Friday, hitting $2.9111. 111,230 shares of the company’s stock traded hands. Global Eagle Entertainment has a 1-year low of $2.38 and a 1-year high of $9.73. The company has a 50 day moving average price of $3.11 and a 200 day moving average price of $3.48. The firm’s market capitalization is $248.34 million.
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About Global Eagle Entertainment
Global Eagle Entertainment Inc is a provider of aircraft connectivity systems, operations solutions and media content to the travel industry. The Company’s segments include Connectivity and Content. Its Connectivity segment provides airline partners and their passengers with Wireless Fidelity (Wi-Fi) connectivity over Ku-band satellite transmissions, and to a lesser extent operations solutions to airline customers.
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