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Intelsat Sa Trading Higher Today on Above-Average Volume (I)

By Nick Russo

Intelsat Sa shares are trading on heavy volume today, having risen 9.4% to $7.75. Approximately 1.1 million shares have changed hands today vs. average 30-day volume of 387,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is monitoring the recent change of momentum in Intelsat Sa. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Intelsat Sa in search of a potential trend change.

Over the past year, Intelsat Sa has traded in a range of $2.12 to $7.50 and is now at $7.46, 252% above that low. The 200-day and 50-day moving averages have moved 1.74% lower and 3.77% higher over the past week, respectively.

Keywords: unusual volume intelsat sa

Ticker(s): I