Intelsat S.A. (I) Soars 7.99% on April 04

Intelsat S.A. (I) Soars 7.99% on April 04

Intelsat S.A. (I) had a good day on the market for Thursday April 04 as shares jumped 7.99% to close at $16.63. About 8.09 million shares traded hands on 38,865 trades for the day, compared with an average daily volume of n/a shares out of a total float of 138.07 million. After opening the trading day at $15.35, shares of Intelsat S.A. stayed within a range of $17.13 to $15.20.

With today’s gains, Intelsat S.A. now has a market cap of $2.3 billion. Shares of Intelsat S.A. have been trading within a range of $37.70 and $3.58 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Intelsat SA is a Luxembourg-based company which operates satellite services business. It is engaged in providing diversified communications services to the media companies, fixed and wireless telecommunications operators, data networking service providers for enterprise and mobile applications in the air and on the seas, and a multinational corporation. In addition, it provides commercial satellite communication services to the United States government and other select military organizations and their contractors. Intelsat operates through a single segment being Providing satellite services. The company earns the majority of its revenue from North America.

Intelsat S.A. is based out of Luxembourg, and has some 1,187 employees. Its CEO is Stephen Spengler.

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