Orbsat (OTCMKTS:OSAT) Shares Down 1.8% – Time to Sell?

Orbsat Corp. (OTCMKTS:OSATGet Free Report)’s stock price was down 1.8% during trading on Wednesday . The stock traded as low as $1.09 and last traded at $1.12. Approximately 73,260 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 116,585 shares. The stock had previously closed at $1.14.

Orbsat Stock Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 14.48 and a current ratio of 15.27. The business’s 50 day moving average price is $1.05 and its two-hundred day moving average price is $1.16.

Orbsat Company Profile

(Get Free Report)

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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