Strength Seen in Intelsat (I): Stock Moves 7.4% Higher

Zacks Equity Research

Updated Mon, Jul 11, 2016, 8:00 AM

Intelsat S.A. I was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company since Jun 22, as the stock is now trading above the volatile price range of $2.15 to $2.58.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Intelsat currently sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.

INTELSAT SA Price

INTELSAT SA Price | INTELSAT SA Quote

Another favorably placed stock in the same industry is The Liberty Sirius XM Group LSXMA, sporting a Zacks Rank #1.

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Strength Seen in Intelsat (I): Stock Moves 7.4% Higher

INTELSAT SA Price

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