Orbit International (OTCMKTS:ORBT) Posts Quarterly Earnings Results

Orbit International (OTCMKTS:ORBT) announced its quarterly earnings data on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, Zacks reports. Orbit International had a negative net margin of 2.58% and a negative return on equity of 4.08%.

Orbit International Stock Performance

Shares of ORBT opened at $3.85 on Friday. The stock has a 50 day moving average price of $4.05 and a 200 day moving average price of $4.35. The company has a quick ratio of 0.95, a current ratio of 2.61 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $13.55 million, a price-to-earnings ratio of -18.33 and a beta of 0.51. Orbit International has a 52-week low of $3.80 and a 52-week high of $6.32.

About Orbit International

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.