Orbsat Corp. (OTCMKTS:OSAT – Get Free Report)’s stock price shot up 7.2% on Wednesday . The company traded as high as $1.19 and last traded at $1.19. 12,010 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 116,585 shares. The stock had previously closed at $1.11.
Orbsat Stock Down 1.7 %
The company has a quick ratio of 14.48, a current ratio of 15.27 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average price is $1.25 and its two-hundred day moving average price is $1.22.
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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