Eutelsat Group (OTCMKTS:ETCMY) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

Eutelsat Group (OTCMKTS:ETCMYGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.09 and traded as low as $1.03. Eutelsat Group shares last traded at $1.03, with a volume of 1,100 shares traded.

Eutelsat Group Price Performance

The company has a 50-day moving average price of $1.09 and a two-hundred day moving average price of $1.09.

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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