Orbital Tracking (OTCMKTS:TRKK) Trading 1.1% Higher – Should You Buy?

Orbital Tracking Corp (OTCMKTS:TRKK)’s stock price traded up 1.1% during trading on Friday . The company traded as high as $0.73 and last traded at $0.7130. 54,495 shares changed hands during mid-day trading, an increase of 2,802% from the average session volume of 1,878 shares. The stock had previously closed at $0.7055.

Orbital Tracking Price Performance

The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.60 and a current ratio of 0.89. The firm has a fifty day simple moving average of $0.63 and a two-hundred day simple moving average of $0.72. The firm has a market cap of $1.28 million, a PE ratio of -0.54 and a beta of 3.27.

About Orbital Tracking

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. In addition, it offers a range of portable satellite voice, data, and tracking solutions, including handheld satellite phones, personal and asset tracking devices, portable high speed broadband terminals, satellite Wi-Fi hotspots.