Eutelsat Communications (OTCMKTS:EUTLF) Shares Gap Down – Here’s What Happened

Eutelsat Communications (OTCMKTS:EUTLF) gapped down before the market opened on Tuesday . The stock had previously closed at $3.5150, but opened at $3.3435. Eutelsat Communications shares last traded at $3.35, with a volume of 2,369 shares.

Eutelsat Communications Stock Down 24.9%

The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.28 and a current ratio of 1.38. The stock’s 50-day simple moving average is $3.89 and its 200 day simple moving average is $3.82.

Eutelsat Communications Company Profile

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.