Global Eagle Entertainment Inc. (NASDAQ:ENT) Downgraded to “Sell” at BidaskClub
BidaskClub lowered shares of Global Eagle Entertainment Inc. (NASDAQ:ENT) from a hold rating to a sell rating in a research note issued to investors on Friday.
Global Eagle Entertainment (ENT) traded down 0.63% during mid-day trading on Friday, reaching $3.14. The company had a trading volume of 35,675 shares. The company’s market capitalization is $267.87 million. Global Eagle Entertainment has a 12 month low of $2.61 and a 12 month high of $9.73. The firm’s 50 day moving average price is $3.32 and its 200-day moving average price is $3.91.
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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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