Intelsat S.A. (NYSE:I) has been under a strong bear grip, hence the stock is down -16.83% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.27% in the past 1 week. The stock has risen by 1.55% in the past week indicating that the buyers are active at lower levels, but the stock is down -15.48% in the past 4 weeks.
The company shares have dropped -71.43% from its 1 Year high price. On Aug 3, 2015, the shares registered one year high at $12.00 and the one year low was seen on Mar 2, 2016. The 50-Day Moving Average price is $2.88 and the 200 Day Moving Average price is recorded at $3.04.
The stock has recorded a 20-day Moving Average of 2.38% and the 50-Day Moving Average is 16.78%.
Intelsat S.A. (NYSE:I): stock turned positive on Friday. Though the stock opened at $2.48, the bulls momentum made the stock top out at $2.67 level for the day. The stock recorded a low of $2.48 and closed the trading day at $2.62, in the green by 7.38%. The total traded volume for the day was 1,231,122. The stock had closed at $2.44 in the previous days trading.
Intelsat S.A. is a provider of satellite capacity for network services. The Company provides communications services to media companies, fixed and wireless telecommunications operators, data networking service providers for enterprise and mobile applications in the air and on the seas, multinational corporations and Internet service providers (ISPs). The Company is also a provider of commercial satellite communication services to the United States Government and other select military organizations and their contractors. The Company focuses on business-to-business services, indirectly enabling enterprise, Government and consumer applications through its customers. The Company provides satellite capacity and related communications services for the transmission of video, data and voice signals. Its customer contracts offer four service types, which include transponder services, managed services, channel services and mobile satellite services and other.