Eutelsat Group (OTCMKTS:ETCMY) Trading Up 4.4% – Here’s Why

Eutelsat Group (OTCMKTS:ETCMY – Get Free Report)’s stock price shot up 4.4% during mid-day trading on Monday . The company traded as high as $0.75 and last traded at $0.75. 107 shares were traded during trading, a decline of 94% from the average session volume of 1,851 shares. The stock had previously closed at $0.72.

Eutelsat Group Stock Up 21.2 %

The business has a 50 day moving average price of $1.01 and a 200 day moving average price of $1.06.

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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