Time to Reconsider EUTELSAT COMMUNICATIONS ORDINARY SHARES (OTCMKTS:EUTLF) After More Short Sellers?

Eutelsat Communications S.A. (OTCMKTS:EUTLF) Logo

The stock of EUTELSAT COMMUNICATIONS ORDINARY SHARES (OTCMKTS:EUTLF) registered an increase of 2.62% in short interest. EUTLF’s total short interest was 160,500 shares in May as published by FINRA. Its up 2.62% from 156,400 shares, reported previously. With 37,300 shares average volume, it will take short sellers 4 days to cover their EUTLF’s short positions.

It closed at $18.1 lastly. It is down 0.00% since May 17, 2018 and is . It has underperformed by 4.37% the S&P500.

Eutelsat Communications S.A., a private telecommunications satellite operator, engages in the design, establishment, operation, and maintenance of satellite telecommunications systems in France, Italy, the United Kingdom, other European countries, the Americas, the Middle-East, Africa, Asia, and internationally. The company has market cap of $4.36 billion. The firm offers broadcast and media services, such as broadcasting services, including video neighborhoods, dual reception, regional broadcasting, digital terrestrial television, and direct-to-home 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 consisting of full-time or ad hoc capacity and services for broadcasting to homes equipped for DTH reception or connected to cable and IP networks. It has a 12.45 P/E ratio. It also provides broadband services, such as consumer and SOHO, and enterprise broadband services; corporate and carrier networks; mobility services for maritime and air access; and direct interconnection services for government.

Another recent and important Eutelsat Communications S.A. (OTCMKTS:EUTLF) news was published by Seekingalpha.com which published an article titled: “Eutelsat Communications 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” on October 30, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.