Orbit International (OTCMKTS:ORBT) Releases Quarterly Earnings Results

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

Orbit International Stock Down 2.5 %

Shares of OTCMKTS:ORBT opened at $3.85 on Friday. The business has a 50-day moving average price of $4.05 and a 200 day moving average price of $4.35. The company has a current ratio of 2.61, a quick ratio of 0.95 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 12-month low of $3.80 and a 12-month 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.