IMASF - Inmarsat Is A Cheap Stock But Is It Worth It?
As every day goes by, British satellite giant Inmarsat ([[IMASF]], [[IMASY]]) seems like a more enticing stock buy, but at the same time, is one that warrants a great deal of caution.
Currently, the stock is sitting at the bottom end of its 52 week period. At the time of writing, one share of Inmarsat stock will cost you 463.70p, which is around a 60% discount from its highest price of 1137p back in 2015.
[Source: Yahoo Finance]
Indeed, Inmarsat has taken a battering over the last few years.
In its most recent results (Q3