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

Eutelsat Group (OTCMKTS:ETCMYGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-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 traded.

Eutelsat Group Stock Performance

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

Eutelsat Group Company Profile

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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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