Orbital Tracking (OTCMKTS:TRKK) Shares Up 1.4% – What’s Next?

Orbital Tracking Corp (OTCMKTS:TRKK)’s stock price shot up 1.4% during trading on Friday . The stock traded as high as $0.59 and last traded at $0.58. 43,525 shares changed hands during trading, an increase of 2,218% from the average session volume of 1,878 shares. The stock had previously closed at $0.5718.

Orbital Tracking Price Performance

The company has a debt-to-equity ratio of 0.12, a current ratio of 0.89 and a quick ratio of 0.60. The stock has a market capitalization of $1.04 million, a price-to-earnings ratio of -0.44 and a beta of 3.27. The stock has a 50 day moving average price of $0.63 and a 200-day moving average price of $0.71.

Orbital Tracking Company Profile

Orbital Tracking Corp., through its subsidiaries, develops, distributes, and resells satellite enabled communications hardware; and provides products, airtime, and related services to customers in the United States and internationally. The company also provides equipment and airtime for use on various satellite networks, as well as short-term rental service for customers who want to use its equipment for a limited time period. In addition, it offers a range of portable satellite voice, data, and tracking solutions, including handheld satellite phones, personal and asset tracking devices, portable high speed broadband terminals, satellite Wi-Fi hotspots.