Orbit International (OTCMKTS:ORBT) Announces Earnings Results

Orbit International (OTCMKTS:ORBT) released its earnings results on Thursday. The company reported ($0.46) earnings per share (EPS) for the quarter, Zacks reports. Orbit International had a negative net margin of 22.38% and a negative return on equity of 34.69%. The business had revenue of $5.24 million during the quarter.

Orbit International Stock Performance

Orbit International stock remained flat at $4.68 during midday trading on Friday. The company’s stock had a trading volume of 300 shares, compared to its average volume of 326. The firm has a market cap of $16.52 million, a PE ratio of -3.10 and a beta of 0.21. The firm’s 50 day moving average is $4.79 and its 200-day moving average is $4.62. Orbit International has a 1 year low of $2.42 and a 1 year high of $5.40.

About Orbit International

Orbit International (OTCMKTS:ORBT) is a designer and manufacturer of high-reliability power conversion products serving commercial, industrial and military markets. The company’s offerings include AC/DC power supplies, DC/DC converters, EMI filters and related power system components engineered to meet rigorous performance and regulatory requirements.

Orbit International specializes in custom design solutions, working with original equipment manufacturers (OEMs) in aerospace, defense, nuclear and medical sectors.