Inmarsat Plc, London (IMASY) Given Average Recommendation of “Hold” by Analysts
Inmarsat Plc, London (NASDAQ:IMASY) has earned a consensus rating of “Hold” from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company.
Separately, ValuEngine upgraded shares of Inmarsat Plc, London from a “hold” rating to a “buy” rating in a research note on Friday.
Shares of Inmarsat Plc, London (IMASY) traded up 2.34% during trading on Friday, reaching $9.62. The company had a trading volume of 259 shares. The stock has a 50 day moving average of $9.88 and a 200 day moving average of $10.02. The stock has a market capitalization of $4.37 billion and a price-to-earnings ratio of 28.29. Inmarsat Plc, London has a 52-week low of $7.65 and a 52-week high of $11.19.
The business also recently disclosed a None dividend, which will be paid on Monday, November 6th. Investors of record on Friday, September 15th will be paid a dividend of $0.19 per share. The ex-dividend date is Thursday, September 14th.
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About Inmarsat Plc, London
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.
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