Orbit International Corp. (OTCMKTS:ORBT – Get Free Report) was down 2.2% during mid-day trading on Friday . The company traded as low as $4.50 and last traded at $4.55. Approximately 6,499 shares changed hands during mid-day trading, an increase of 192% from the average daily volume of 2,226 shares. The stock had previously closed at $4.65.
Orbit International Stock Down 2.2 %
The business has a fifty day moving average of $4.87 and a 200-day moving average of $5.07. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.54 and a quick ratio of 0.85. The stock has a market cap of $16.09 million, a PE ratio of -19.78 and a beta of 0.52.
Orbit International (OTCMKTS:ORBT – Get Free Report) last posted its earnings results on Friday, August 9th. The company reported ($0.06) earnings per share for the quarter. Orbit International had a negative return on equity of 2.91% and a negative net margin of 1.88%.
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.
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