Satellite Technology News

powered by google

Satellite Spotlight:  

Satellite Technology RSS Feed

TMCNet:  Iridiummmunications Down 21.5% Since SmarTrend Downtrend Call (IRDM)

[November 13, 2012]

Iridiummmunications Down 21.5% Since SmarTrend Downtrend Call (IRDM)

Nov 13, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Iridiummmunications (NASDAQ:IRDM) on August 2nd, 2012 at $7.99. In approximately 3 months, Iridiummmunications has returned 21.53% as of today's recent price of $6.27.

Iridiummmunications share prices have moved between a 52-week high of $9.73 and a 52-week low of $5.50 and are now trading 14% above that low price at $6.27 per share. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.8%.

Iridium Communications, Inc. offers mobile satellite communications services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Iridiummmunications.

Log in and add Iridiummmunications (IRDM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

[ Satellite Spotlight's Homepage ]

blog comments powered by Disqus

FREE Satellite eNewsletter

Subscribe to our free weekly Satellite Spotlight eNewsletter!

Get the latest expert news, reviews & resources. Tailored specifically for Satellite Technology and Communications.

Satellite Technology White Papers

Innovative Features Mean Major Savings for Cellular Operators Using Satellite Backhaul
With the rising cost of satellite bandwidth and the need for more of it to support an ever increasing number of voice, data and now video services, operators must seek ways to reduce both their hardware investment costs and operating expenses, especially when fierce competition forces them to provide these new services without raising their rates.

Satellite Technology Features