Separately, Jefferies Group restated a buy rating and set a GBX 285 ($3.72) price objective on shares of Avanti Communications Group PLC in a research report on Friday, July 8th.
Shares of Avanti Communications Group PLC (LON:AVN) opened at 27.75 on Monday. The company’s 50 day moving average price is GBX 37.35 and its 200-day moving average price is GBX 64.94. The firm’s market cap is GBX 38.57 million. Avanti Communications Group PLC has a 1-year low of GBX 19.00 and a 1-year high of GBX 263.50.
About Avanti Communications Group PLC
Avanti Communications Group plc is a United Kingdom-based company, which is engaged in the provision of satellite communication services. The Company offers services in Europe, the Middle East and Africa (EMEA) regions through Ka-band satellites. It sells satellite data communications services to telecoms companies, which use them to supply enterprise, institutional and consumer users.
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