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UBS upgraded Inmarsat (OTCMKTS:IMASY) from Sell to Neutral in a statement released earlier today.

UBS has upgraded Inmarsat (OTCMKTS:IMASY) from Sell to Neutral in a report released on Wednesday November 15, 2017.

Yesterday Inmarsat (OTCMKTS:IMASY) traded 3.78% higher at $8.40. The company’s 50-day moving average is $8.95 and its 200-day moving average is $9.08. The last closing price is down 19.52% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 2,025 shares of IMASY traded, down from an average trading volume of 7,005

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With a market cap of $0, Inmarsat has 52 week low of $7.65 and a one year high of $14.96 with a price-earnings ratio of 20.47 .

Brief Synopsis About Inmarsat (OTCMKTS:IMASY)

Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, US Government, Enterprise, Aviation, and Global Government. It offers voice and data broadband services; global maritime distress and safety system services; mobile and fixed voice services; a portfolio of machine-to-machine services that provide two-way data connectivity for messaging, tracking, and monitoring of fixed or mobile assets; maritime satellite services, including very small aperture terminals and television receive only antenna services; and Global Xpress, a high-speed broadband service that offer seamless connectivity for advanced data services on land, at sea, and in the air. The company also offers in-flight voice, data, safety, and cabin connectivity services for business and commercial air transport. It connects to its fleet of 12 satellites using a range of equipment, including global handheld satellite phones and notebook-size broadband Internet devices, as well as specialist terminals and antennas fitted to ships, aircraft, and road vehicles. It serves governments, airlines, the broadcast media industry, the oil and gas industry, the mining and construction industry, 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. The company was founded in 1979 and is headquartered in London, the United Kingdom.

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