Orbsat Corp. (OTCMKTS:OSAT – Get Free Report)’s share price was up 7.2% during trading on Wednesday . The company traded as high as $1.19 and last traded at $1.19. Approximately 12,010 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 116,585 shares. The stock had previously closed at $1.11.
Orbsat Stock Performance
The firm’s 50-day simple moving average is $1.25 and its two-hundred day simple moving average is $1.22. The company has a debt-to-equity ratio of 0.01, a quick ratio of 14.48 and a current ratio of 15.27.
About Orbsat
Orbsat Corp. engages in the provision of satellite based services and solutions for commercial, government and individual users. The firm’s services include satellite communication solutions, emergency location systems, high-speed satellite internet and global asset and personnel monitoring, customized ground station systems and custom product design.
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