C-Com Satellite Systems (CVE:CMI) Shares Up 1.7% – Here’s What Happened

Shares of C-Com Satellite Systems Inc. (CVE:CMIGet Free Report) rose 1.7% during trading on Tuesday . The company traded as high as C$1.17 and last traded at C$1.17. Approximately 14,700 shares traded hands during trading, an increase of 37% from the average daily volume of 10,736 shares. The stock had previously closed at C$1.15.

C-Com Satellite Systems Stock Up 1.7 %

The company has a quick ratio of 12.01, a current ratio of 20.17 and a debt-to-equity ratio of 6.36. The stock has a market cap of C$50.32 million, a PE ratio of 25.30 and a beta of 0.06. The firm has a fifty day moving average of C$1.13 and a 200 day moving average of C$1.20.

About C-Com Satellite Systems

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C-Com Satellite Systems Inc develops and deploys commercial grade mobile auto-deploying satellite-based technology for the delivery of two-way high-speed Internet, VoIP, and video services into vehicles. The company offers iNetVu, a proprietary mobile auto-deploying antenna for the delivery of satellite-based Internet services into vehicles while stationary virtually anywhere one can drive.

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