Orbsat Corp. (OTCMKTS:OSAT – Get Free Report)’s stock price traded down 6% during trading on Friday . The company traded as low as $0.4870 and last traded at $0.4910. 31,744 shares were traded during mid-day trading, a decline of 73% from the average session volume of 116,585 shares. The stock had previously closed at $0.5221.
Orbsat Price Performance
The company has a market capitalization of $3.18 million, a PE ratio of -0.28 and a beta of 2.22. The company has a quick ratio of 14.48, a current ratio of 15.27 and a debt-to-equity ratio of 0.01. The firm’s 50-day moving average is $0.61 and its 200-day moving average is $0.70.
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. It also focuses on the distribution, development and reselling of satellite enabled communications hardware. The company was founded in 1997 and is headquartered in Aventura, FL.
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