Loral Space & Communications Ltd. (NASDAQ:LORL) was upgraded by equities researchers at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued on Tuesday, April 9th, BidAskClub reports.
Separately, ValuEngine cut Loral Space & Communications Ltd. from a “buy” rating to a “hold” rating in a research note on Tuesday, January 15th.
Shares of NASDAQ:LORL traded up $1.58 during mid-day trading on Tuesday, reaching $38.18. The stock had a trading volume of 29,475 shares, compared to its average volume of 51,806. The company has a current ratio of 64.92, a quick ratio of 64.92 and a debt-to-equity ratio of 0.05. Loral Space & Communications Ltd. has a 1 year low of $34.06 and a 1 year high of $48.09.
Loral Space & Communications Ltd. Company Profile
Loral Space & Communications Inc, a satellite communications company, offers satellite-based communications services to the broadcast, telecom, corporate, and government customers worldwide. As of December 31, 2018, the company provided satellite services to its customers through a fleet of 17 in-orbit geostationary satellites; and owned the Canadian Ka-band payload on the ViaSat-1 satellite.
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