Eutelsat Communications (EUTLF) Stock Rating Lowered by Zacks Investment Research

Eutelsat Communications (OTCMKTS:EUTLF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday.

According to Zacks, “Eutelsat Communications S.A. a satellite operator. Its satellites broadcasts television channels to cable and satellite homes. The Company’s satellites also serves fixed and mobile telecommunications services, TV contribution markets, corporate networks, and broadband markets for Internet Service Providers and for transport, maritime and in-flight markets. Eutelsat’s broadband subsidiary, Skylogic, markets and operates access to high speed Internet services through teleports that serve enterprises, local communities, government agencies and aid organizations. Eutelsat Communications S.A. is headquartered in Paris, France. “

Shares of EUTLF opened at $18.63 on Tuesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.86 and a current ratio of 0.87. The company has a market cap of $4.34 billion, a PE ratio of 12.50 and a beta of 0.36. Eutelsat Communications has a 12-month low of $19.23 and a 12-month high of $24.00.

About Eutelsat Communications

Eutelsat Communications SA, a private telecommunications satellite operator, engages in the design, establishment, operation, and maintenance of satellite telecommunications systems. The company offers broadcast and media services, including broadcasting services, such as video neighborhoods, dual reception, regional broadcasting, digital terrestrial television, and direct-to-home (DTH) services; high definition television and ultra-high definition services; smart services comprising connected television (TV), multiscreen delivery, and electronic program guide; and professional video services that include full-time or ad hoc capacity and services for broadcasting to homes equipped for DTH reception or connected to cable and IP networks.

Recommended Story: Price-Sales Ratio

Get a free copy of the Zacks research report on Eutelsat Communications (EUTLF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Eutelsat Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eutelsat Communications and related companies with MarketBeat.com's FREE daily email newsletter.