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Intelsat S.A. (I) Jumps: Stock Rises 5.3%

Zacks Equity Research
Updated

Intelsat S.A. I was a big mover last session, as the company saw its shares rise more than 5% 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, as the stock is now trading above the volatile price range of $3.06 to $4.22 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of no increase and decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in the trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Intelsat currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Intelsat S.A. Price

Intelsat S.A. Price | Intelsat S.A. Quote

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Zacks Investment Research