Global Eagle Entertainment Inc. (ENT) Receives Average Rating of “Hold” from Analysts
Shares of Global Eagle Entertainment Inc. (NASDAQ:ENT) have earned a consensus rating of “Hold” from the six brokerages that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company.
Separately, BidaskClub upgraded Global Eagle Entertainment from a “hold” rating to a “buy” rating in a report on Thursday.
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Global Eagle Entertainment (NASDAQ:ENT) traded down 0.57% during mid-day trading on Thursday, hitting $3.47. 239,942 shares of the stock traded hands. Global Eagle Entertainment has a 1-year low of $2.61 and a 1-year high of $9.73. The firm’s market capitalization is $296.02 million. The company has a 50-day moving average of $3.10 and a 200 day moving average of $4.43.
About Global Eagle Entertainment
Global Eagle Entertainment Inc is a provider of aircraft connectivity systems, operations solutions and media content to the travel industry. The Company’s segments include Connectivity and Content. Its Connectivity segment provides airline partners and their passengers with Wireless Fidelity (Wi-Fi) connectivity over Ku-band satellite transmissions, and to a lesser extent operations solutions to airline customers.
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