ValuEngine Lowers Inmarsat Plc, London (IMASY) to Hold

ValuEngine lowered shares of Inmarsat Plc, London (NASDAQ:IMASY) from a buy rating to a hold rating in a research report released on Tuesday morning.

Separately, Zacks Investment Research upgraded Inmarsat Plc, London from a sell rating to a hold rating in a research note on Wednesday, September 20th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of Hold.

Shares of Inmarsat Plc, London (NASDAQ:IMASY) traded down 2.284% during trading on Tuesday, hitting $8.472. The stock had a trading volume of 200 shares. The company has a market cap of $3.84 billion and a P/E ratio of 24.918. Inmarsat Plc, London has a one year low of $7.65 and a one year high of $11.19. The stock’s 50-day moving average price is $8.68 and its 200-day moving average price is $9.88.

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The firm also recently disclosed a None dividend, which will be paid on Monday, November 6th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.19 per share. The ex-dividend date is Thursday, September 14th.

About Inmarsat Plc, London

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Inmarsat Plc, London (NASDAQ:IMASY)

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