Inmarsat PLC (IMASY) Upgraded to Neutral by UBS AG
A number of other research analysts have also commented on IMASY. Zacks Investment Research upgraded Inmarsat PLC from a sell rating to a hold rating in a report on Thursday, November 9th. ValuEngine lowered Inmarsat PLC from a buy rating to a hold rating in a report on Tuesday, October 10th. Finally, Berenberg Bank upgraded Inmarsat PLC from a sell rating to a hold rating in a report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. Inmarsat PLC currently has a consensus rating of Hold.
Shares of Inmarsat PLC (IMASY) traded up $0.09 during mid-day trading on Wednesday, hitting $6.70. The stock had a trading volume of 18,655 shares, compared to its average volume of 40,429. Inmarsat PLC has a one year low of $6.83 and a one year high of $11.19. The firm has a market capitalization of $3,050.30, a price-to-earnings ratio of 12.57 and a beta of 0.14. The company has a current ratio of 1.11, a quick ratio of 1.07 and a debt-to-equity ratio of 2.06.
About Inmarsat PLC
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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