Intelsat SA (NYSE:I) rose 3.4% on Thursday . The stock traded as high as $2.73 and last traded at $2.70, with a volume of 152,941 shares trading hands. The stock had previously closed at $2.61.

Several equities research analysts have commented on the company. Zacks Investment Research raised Intelsat SA from a “sell” rating to a “hold” rating in a report on Wednesday, March 30th. Raymond James Financial Inc. downgraded Intelsat SA from a “market perform” rating to an “underperform” rating in a report on Monday, July 18th. Finally, JPMorgan Chase & Co. reissued a “sell” rating on shares of Intelsat SA in a report on Monday, May 2nd. Five investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. Intelsat SA currently has a consensus rating of “Sell” and a consensus price target of $4.28.

The firm’s market capitalization is $281.06 million. The firm has a 50-day moving average of $2.71 and a 200-day moving average of $2.94.

Intelsat SA (NYSE:I) last announced its quarterly earnings results on Thursday, April 28th. The company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by $0.08. The company earned $552.60 million during the quarter, compared to analysts’ expectations of $541.77 million. During the same period in the previous year, the company posted $0.47 EPS. The firm’s quarterly revenue was down 8.3% compared to the same quarter last year. On average, equities analysts expect that Intelsat SA will post $0.31 EPS for the current fiscal year.

Intelsat SA operates in satellite services business. The Company provides communications services to media companies, fixed and wireless telecommunications operators, data networking service providers for enterprise and mobile applications in the air and on the seas, multinational corporations and Internet service providers.

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