Intelsat SA (NYSE:I) was down 4.4% during trading on Thursday . The stock traded as low as $2.54 and last traded at $2.58, with a volume of 237,321 shares traded. The stock had previously closed at $2.70.

I has been the subject of a number of recent research reports. Zacks Investment Research upgraded Intelsat SA from a “hold” rating to a “strong-buy” rating and set a $2.75 price target for the company in a research note on Thursday, July 28th. Raymond James Financial Inc. downgraded Intelsat SA from a “market perform” rating to an “underperform” rating in a research note on Monday, July 18th. Five investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The stock has an average rating of “Sell” and an average target price of $4.24.

The firm’s market cap is $302.49 million. The company has a 50-day moving average price of $2.70 and a 200-day moving average price of $2.82.

Intelsat SA (NYSE:I) last issued its quarterly earnings data on Wednesday, July 27th. The company reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.64. The company had revenue of $542 million for the quarter, compared to analysts’ expectations of $533.51 million. The company’s revenue for the quarter was down 9.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.70 earnings per share. Equities analysts anticipate that Intelsat SA will post $1.44 earnings per share for the current 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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