With a more favourable environment, IRIDIUM COMMUNICATIONS improves to Slightly Positive
IRIDIUM COMMUNICATIONS (US), a company active in the Mobile Telecommunications industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date December 21, 2021, the closing price was USD 42.15 and its potential was estimated at USD 48.54.Iridium Communications is a provider of mobile voice and data communications services to businesses, the U.S. and foreign governments, non-governmental organizations and consumers. The company's Commercial Services include Postpaid Mobile Voice and Data Satellite Communications, Iridium push-to-talk, Broadband Data, and Internet of Things (IoT) Services. The company provides U.S. government customers bulk access to its services, including voice, netted voice, data, messaging and paging services. The company's products include Satellite Handsets, Iridium GO!, Voice and Data Modems, Broadband Data Devices, IoT Data Devices, and Device Development and Manufacturing.
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