INMARSAT PLC/ADR (OTCMKTS:IMASY) Stock Rating Upgraded by ValuEngine

INMARSAT PLC/ADR (OTCMKTS:IMASY) was upgraded by ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Friday, ValuEngine reports.

Shares of OTCMKTS IMASY remained flat at $$6.90 during midday trading on Friday. 1 shares of the company’s stock were exchanged, compared to its average volume of 7,405. The company’s 50 day moving average price is $7.03 and its 200-day moving average price is $7.01. The stock has a market capitalization of $3.16 billion, a PE ratio of 21.56 and a beta of 0.41. INMARSAT PLC/ADR has a 12-month low of $4.55 and a 12-month high of $7.49. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of 2.21.

About INMARSAT PLC/ADR

Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, U.S. Government, Global Government, Aviation, and Enterprise. 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.

Featured Story: Calculate Your Return on Investment (ROI)

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

Receive News & Ratings for INMARSAT PLC/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for INMARSAT PLC/ADR and related companies with MarketBeat.com's FREE daily email newsletter.