Orbsat Corp. (OTCMKTS:OSAT – Get Free Report) dropped 4.2% on Tuesday . The company traded as low as $1.15 and last traded at $1.15. Approximately 137,320 shares changed hands during trading, an increase of 18% from the average daily volume of 116,585 shares. The stock had previously closed at $1.20.
Orbsat Trading Down 2.6 %
The company has a current ratio of 15.27, a quick ratio of 14.48 and a debt-to-equity ratio of 0.01. The business’s 50-day moving average price is $1.08 and its two-hundred day moving average price is $1.15.
Orbsat Company Profile
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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