Intelsat SA (NYSE:I) rose 3.4% during mid-day trading 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.

I has been the subject of several research analyst reports. Zacks Investment Research raised Intelsat SA from a “hold” rating to a “buy” rating and set a $3.00 price objective for the company in a research note on Tuesday, July 5th. JPMorgan Chase & Co. reissued a “sell” rating on shares of Intelsat SA in a research note on Monday, May 2nd. Raymond James Financial Inc. lowered Intelsat SA from a “market perform” rating to an “underperform” rating in a research note on Monday. Finally, Morgan Stanley reissued an “underweight” rating and set a $1.00 price objective (down previously from $5.00) on shares of Intelsat SA in a research note on Wednesday, March 23rd. Five equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The stock presently has an average rating of “Sell” and an average price target of $4.28.

The stock’s market cap is $289.71 million. The firm’s 50 day moving average price is $2.76 and its 200-day moving average price is $2.96.

Intelsat SA (NYSE:I) last posted its quarterly earnings data on Thursday, April 28th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.21 by $0.08. During the same period last year, the business earned $0.47 EPS. The firm earned $552.60 million during the quarter, compared to analysts’ expectations of $541.77 million. Intelsat SA’s quarterly revenue was down 8.3% compared to the same quarter last year. Analysts forecast 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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