ValuEngine Lowers Global Eagle Entertainment (NASDAQ:ENT) to Hold
A number of other brokerages also recently issued reports on ENT. Needham & Company LLC reissued a hold rating on shares of Global Eagle Entertainment in a research report on Friday, March 20th. Zacks Investment Research downgraded shares of Global Eagle Entertainment from a buy rating to a hold rating in a research report on Wednesday, May 27th.
Shares of ENT stock opened at $4.58 on Friday. Global Eagle Entertainment has a 1 year low of $1.52 and a 1 year high of $24.00. The firm has a fifty day moving average price of $4.33 and a 200-day moving average price of $1.59. The company has a market cap of $14.98 million, a price-to-earnings ratio of -0.11 and a beta of 1.22.
About Global Eagle Entertainment
Global Eagle Entertainment Inc provides media and satellite-based connectivity to enterprise, consumer, and government markets worldwide. The company operates through two segments, Media & Content and Connectivity. The Media & Content buys, produces, manages, distributes, and provides post-production services and wholly-owned and licensed media content, video and music programming, advertising, applications, and video games for and to the airline, maritime, and other away from home non-theatrical markets.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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