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Eutelsat Group (OTCMKTS:EUTLF) Reaches New 1-Year High - Still a Buy?

Eutelsat Group logo with Computer and Technology background
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Shares of Eutelsat Group (OTCMKTS:EUTLF - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as $9.22 and last traded at $8.90, with a volume of 69420 shares changing hands. The stock had previously closed at $4.33.

Eutelsat Group Stock Down 14.4 %

The firm's 50 day simple moving average is $2.40 and its 200-day simple moving average is $3.45. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.68 and a current ratio of 1.73.

About Eutelsat Group

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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.

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