Orbital Tracking (OTCMKTS:TRKK) Shares Down 6.1% – What’s Next?

Orbital Tracking Corp (OTCMKTS:TRKK) was down 6.1% during mid-day trading on Thursday . The stock traded as low as $0.73 and last traded at $0.76. Approximately 70,584 shares were traded during mid-day trading, an increase of 3,658% from the average daily volume of 1,878 shares. The stock had previously closed at $0.81.

Orbital Tracking Stock Down 6.1 %

The firm has a 50-day simple moving average of $1.06 and a 200 day simple moving average of $1.13. The company has a market capitalization of $1.36 million, a PE ratio of -0.57 and a beta of 3.27. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.89 and a quick ratio of 0.60.

Orbital Tracking Company Profile

Orbital Tracking Corp., through its subsidiaries, develops, distributes, and resells satellite enabled communications hardware; and provides products, airtime, and related services to customers in the United States and internationally. The company also provides equipment and airtime for use on various satellite networks, as well as short-term rental service for customers who want to use its equipment for a limited time period.