Global Eagle Entertainment Inc. (ENT) Soars 74.31% on June 03

Equities Staff  |

Global Eagle Entertainment Inc. (ENT) had a good day on the market for Wednesday June 03 as shares jumped 74.31% to close at $3.80. About 2.9 million shares traded hands on 11,404 trades for the day, compared with an average daily volume of n/a shares out of a total float of 3.74 million. After opening the trading day at $2.28, shares of Global Eagle Entertainment Inc. stayed within a range of $3.99 to $2.24.

With today's gains, Global Eagle Entertainment Inc. now has a market cap of $14.23 million. Shares of Global Eagle Entertainment Inc. have been trading within a range of $24.00 and $1.52 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Global Eagle Entertainment Inc provides content, connectivity, and digital media solutions for the travel industry worldwide. It operates in two segments, Media & Content and Connectivity. The Media & Content buys, produces, manages, distributes, and provides post-production services and wholly-owned and licensed media content, video and music programming, advertising, applications, and video games for and to the airline, maritime, and other away from home non-theatrical markets. The Connectivity segment provides satellite-based connectivity services to enterprise and government customers in the aviation, maritime, and land vertical markets. The company operates in the United States, Canada, Europe, Asia and the Middle East.

Global Eagle Entertainment Inc. is based out of Los Angeles, CA and has some 1,517 employees. Its CEO is .

For a complete fundamental analysis of Global Eagle Entertainment Inc., check out’s Stock Valuation Analysis report for ENT.

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Global Eagle Entertainment Inc. is also a component of the Russell 2000. 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.

To get more information on Global Eagle Entertainment Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: ENT’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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

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