Orbit International Corp. (OTCMKTS:ORBT – Get Free Report) shares were down 2.2% on Friday . The company traded as low as $4.50 and last traded at $4.55. Approximately 6,499 shares were traded during mid-day trading, an increase of 192% from the average daily volume of 2,226 shares. The stock had previously closed at $4.65.
Orbit International Price Performance
The stock’s 50 day simple moving average is $4.87 and its two-hundred day simple moving average is $5.07. The firm has a market capitalization of $16.09 million, a PE ratio of -19.78 and a beta of 0.52. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.85 and a current ratio of 2.54.
Orbit International (OTCMKTS:ORBT – Get Free Report) last announced its quarterly earnings results on Friday, August 9th. The company reported ($0.06) earnings per share (EPS) for the quarter. Orbit International had a negative return on equity of 2.91% and a negative net margin of 1.88%.
Orbit International Company Profile
Orbit International Corp. engages in the design, manufacture, and sale of electronic components and subsystems, and commercial and custom power units for prime contractors, government procurement agencies, and research and development laboratories worldwide. The company operates in two segments, Electronics Group and Power Group.
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