Inmarsat Plc, London (NASDAQ:IMASY) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 3, 2016
Boasting a price of $8.91, Inmarsat Plc, London (NASDAQ:IMASY) traded 0.00% even on the day. With the last stock price close down -21.13% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. IMASY has recorded a 50-day average of $10.08 and a two hundred day average of $11.30. Trade Volume was down over the average, with 71 shares of IMASY changing hands under the typical 1,458
Zacks Investment Research has upgraded Inmarsat Plc, London (NASDAQ:IMASY) to Hold in a statement released on Monday October 03, 2016.
Recent Performance Chart
Inmarsat Plc, London has PE ratio of 14.85 with a one year low of $8.71 and a one year high of $17.17 and has a total market value of $0.
More About Inmarsat Plc, London (NASDAQ:IMASY)
Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, Government, Enterprise, Aviation, and Central Services. It offers voice and data broadband services; global maritime distress and safety system; mobile and fixed voice services; machine-to-machine services that provide two-way data connectivity for messaging, tracking, and monitoring of fixed or mobile assets; VSAT and TVRO portfolio of maritime satellite services; and Global Xpress, which provides high-speed broadband services for connecting to data services. The company also offers in-flight voice, data, safety, and cabin connectivity services for business and commercial air transport. Its services are connected through handheld satellite phones and notebook-size broadband internet devices, as well as specialist terminals and antennas fitted to ships, aircraft, and road vehicles. In addition, the company also provides in-flight voice, data and safety, and cabin connectivity services for both business and commercial air transport. It serves governments, airlines, the broadcast media, the oil and gas industry, mining, construction, and humanitarian aid agencies. The company has a strategic partnership with Deutsche Telekom AG to develop the European Aviation Network to combine satellite connectivity from InmarsatÂ’s S-band satellite with an LTE-based ground network. Inmarsat plc was founded in 1979 and is headquartered in London, the United Kingdom.
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