Intelsat SA (NYSE:I)’s share price rose 7.3% during trading on Friday . The company traded as high as $2.36 and last traded at $2.35, with a volume of 617,701 shares. The stock had previously closed at $2.19.

I has been the subject of a number of recent analyst reports. Raymond James Financial Inc. cut shares of Intelsat SA from a “market perform” rating to an “underperform” rating in a research note on Monday, July 18th. Zacks Investment Research cut shares of Intelsat SA from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 13th. Finally, JPMorgan Chase & Co. reaffirmed a “sell” rating on shares of Intelsat SA in a research note on Monday, May 2nd. Five equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $4.24.

The firm’s 50 day moving average price is $2.59 and its 200 day moving average price is $2.90. The company’s market capitalization is $248.63 million.

Intelsat SA (NYSE:I) last posted its quarterly earnings data on Wednesday, July 27th. The company reported $0.98 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.64. During the same quarter in the prior year, the company posted $0.70 earnings per share. The company had revenue of $542 million for the quarter, compared to analyst estimates of $533.51 million. The business’s revenue was down 9.4% on a year-over-year basis. Equities research analysts forecast that Intelsat SA will post $0.63 earnings per share 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.