Orbital Tracking Corp (OTCMKTS:TRKK – Get Free Report) shares were down 6.1% during trading on Thursday . The company traded as low as $0.73 and last traded at $0.76. Approximately 70,584 shares changed hands during mid-day trading, an increase of 3,658% from the average daily volume of 1,878 shares. The stock had previously closed at $0.81.
Orbital Tracking Trading Down 6.1 %
The business has a 50 day simple moving average of $1.06 and a two-hundred day simple moving average of $1.13. The stock has a market cap of $1.36 million, a price-to-earnings ratio of -0.57 and a beta of 3.27. The company has a current ratio of 0.89, a quick ratio of 0.60 and a debt-to-equity ratio of 0.12.
About Orbital Tracking
Orbital Tracking Corp., through its subsidiaries, develops, distributes, and resells satellite enabled communications hardware; and provides products, airtime, and related services to customers in the United States and internationally. The company also provides equipment and airtime for use on various satellite networks, as well as short-term rental service for customers who want to use its equipment for a limited time period.
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