C-Com Satellite Systems (CVE:CMI) Trading Down 0.9% – What’s Next?

C-Com Satellite Systems Inc. (CVE:CMIGet Free Report) dropped 0.9% during mid-day trading on Tuesday . The stock traded as low as C$1.13 and last traded at C$1.16. Approximately 7,923 shares traded hands during trading, an increase of 12% from the average daily volume of 7,084 shares. The stock had previously closed at C$1.17.

C-Com Satellite Systems Stock Down 0.9 %

The business’s 50 day simple moving average is C$1.25 and its 200 day simple moving average is C$1.22. The company has a market capitalization of C$49.02 million, a PE ratio of 23.20 and a beta of 0.06.

About C-Com Satellite Systems

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C-Com Satellite Systems Inc develops and deploys commercial grade mobile auto-deploying satellite-based technology for the delivery of two-way high-speed Internet, VoIP, and video services into vehicles. The company offers iNetVu, a proprietary mobile auto-deploying antenna for the delivery of satellite-based Internet services into vehicles while stationary virtually anywhere one can drive.

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