Global Eagle Entertainment Inc. (ENT) Soars 7.74%

Global Eagle Entertainment Inc. (ENT) Soars 7.74%

Global Eagle Entertainment Inc. (ENT) had a good day on the market for Friday November 29 as shares jumped 7.74% to close at $0.48. About 313,292 shares traded hands on 634 trades for the day, compared with an average daily volume of n/a shares out of a total float of 92.86 million. After opening the trading day at $0.45, shares of Global Eagle Entertainment Inc. stayed within a range of $0.50 to $0.44.

With today’s gains, Global Eagle Entertainment Inc. now has a market cap of $44.44 million. Shares of Global Eagle Entertainment Inc. have been trading within a range of $2.80 and $0.40 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Global Eagle Entertainment Inc provides content, connectivity, and digital media solutions for the travel industry worldwide. It operates in two segments, Media & Content and Connectivity. The Media & Content buys, produces, manages, distributes, and provides post-production services and wholly-owned and licensed media content, video and music programming, advertising, applications, and video games for and to the airline, maritime, and other away from home non-theatrical markets. The Connectivity segment provides satellite-based connectivity services to enterprise and government customers in the aviation, maritime, and land vertical markets. The company operates in the United States, Canada, Europe, Asia and the Middle East.

Global Eagle Entertainment Inc. is based out of Los Angeles, CA and has some 1,517 employees. Its CEO is Joshua Marks.

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