Eutelsat Group (OTCMKTS:ETCMY) Shares Pass Below 200 Day Moving Average – Time to Sell?

Eutelsat Group (OTCMKTS:ETCMYGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.87 and traded as low as $0.33. Eutelsat Group shares last traded at $0.33, with a volume of 613 shares trading hands.

Eutelsat Group Stock Up 1.2 %

The stock’s 50 day moving average is $0.54 and its 200 day moving average is $0.87.

About Eutelsat Group

(Get Free Report)

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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