Shares of Orbsat Corp. (OTCMKTS:OSAT – Get Free Report) were down 20.9% on Tuesday . The company traded as low as $1.42 and last traded at $1.48. Approximately 1,353,474 shares were traded during trading, an increase of 1,061% from the average daily volume of 116,585 shares. The stock had previously closed at $1.87.
Orbsat Stock Down 6.7 %
The company has a 50 day moving average price of $1.49 and a 200 day moving average price of $1.62. The company has a debt-to-equity ratio of 0.01, a current ratio of 15.27 and a quick ratio of 14.48.
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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