Orbit International Corp. (OTCMKTS:ORBT – Get Free Report)’s share price shot up 1.6% during mid-day trading on Friday . The company traded as high as $4.56 and last traded at $4.56. 5,400 shares changed hands during mid-day trading, an increase of 151% from the average session volume of 2,155 shares. The stock had previously closed at $4.49.
Orbit International Price Performance
The company has a quick ratio of 0.85, a current ratio of 2.54 and a debt-to-equity ratio of 0.01. The business has a 50 day moving average price of $4.60 and a two-hundred day moving average price of $5.06.
Orbit International (OTCMKTS:ORBT – Get Free Report) last released its quarterly earnings data on Friday, August 9th. The company reported ($0.06) earnings per share for the quarter. Orbit International had a negative return on equity of 2.91% and a negative net margin of 1.88%. The business had revenue of $6.60 million during the quarter.
About Orbit International
Orbit International Corp. engages in the design, manufacture, and sale of electronic components and subsystems, and commercial and custom power units for prime contractors, government procurement agencies, and research and development laboratories worldwide. The company operates in two segments, Electronics Group and Power Group.
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