Inmarsat (LON:ISAT) Trading 0.8% Higher – Should You Buy?

Inmarsat Plc (LON:ISAT) shot up 0.8% during mid-day trading on Wednesday . The company traded as high as GBX 544.40 ($6.87) and last traded at GBX 544.40 ($6.87). 59,513,199 shares traded hands during mid-day trading, an increase of 1,587% from the average session volume of 3,528,543 shares. The stock had previously closed at GBX 540 ($6.82).

Inmarsat Price Performance

The stock has a market cap of £2.56 billion and a PE ratio of -41.56. The business has a 50 day moving average of GBX 544.40 and a 200-day moving average of GBX 544.40. The company has a current ratio of 0.84, a quick ratio of 0.79 and a debt-to-equity ratio of 202.10.

Inmarsat Company Profile

Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, U.S. Government, Global Government, Aviation, and Enterprise. It offers voice and data broadband services; global maritime distress and safety system services; mobile and fixed voice services; a portfolio of machine-to-machine services that provide two-way data connectivity for messaging, tracking, and monitoring of fixed or mobile assets; maritime satellite services, including very small aperture terminals and television receive only antenna services; and Global Xpress, a high-speed broadband service that offer seamless connectivity for advanced data services on land, at sea, and in the air.