Global Eagle Entertainment Inc.. (ENT) Drops 5.36% on February 19

Equities Staff |

Global Eagle Entertainment Inc.. (ENT) was one of the Russell 2000's biggest losers for Friday February 19 as the stock slid 5.36% to $8.83, a loss of $-0.5 per share. Starting at an opening price of $9.30 a share, the stock traded between $8.83 and $9.40 over the course of the trading day. Volume was 186,103 shares over 1,421 trades, against an average daily volume of 351,688 shares and a total float of 78.52 million.

The losses send Global Eagle Entertainment Inc.. down to a market cap of $693.34 million. In the last year, Global Eagle Entertainment Inc.. has traded between $14.77 and $8.55, and its 50-day SMA is currently $9.83 and 200-day SMA is $11.76.

Global Eagle Entertainment Inc is a full service provider of content, connectivity and digital media solutions for airlines. It offers Wi-Fi, movies, television, music, interactive software, as well as portable in-flight entertainment services.

Global Eagle Entertainment Inc.. is based out of Los Angeles, CA and has some 781 employees. Its CEO is David M. Davis.

For a complete fundamental analysis analysis of Global Eagle Entertainment Inc.., check out Equities.com’s Stock Valuation Analysis report for ENT. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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