C-Com Satellite Systems (CVE:CMI) Stock Price Down 5.7% – Here’s Why

C-Com Satellite Systems Inc. (CVE:CMIGet Free Report)’s share price fell 5.7% during trading on Tuesday . The stock traded as low as C$0.83 and last traded at C$0.83. 7,896 shares were traded during trading, a decline of 23% from the average session volume of 10,288 shares. The stock had previously closed at C$0.88.

C-Com Satellite Systems Price Performance

The business has a fifty day moving average of C$0.90 and a 200 day moving average of C$0.95. The company has a quick ratio of 12.01, a current ratio of 19.28 and a debt-to-equity ratio of 4.76. The firm has a market cap of C$35.07 million, a P/E ratio of -99.00 and a beta of 0.43.

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. It also provides driveaway, flyaway, manpack, and fixed motorized antennas. In addition, the company offers controllers and accessories, such as powersmart products, VSAT satellite beacon receivers and transportable cases, driveaway transportable skids, custom integrations, and VSAT satellite system cables.

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