Orbit International (OTCMKTS:ORBT) Issues Earnings Results

Orbit International (OTCMKTS:ORBT) released its quarterly earnings data on Wednesday. The company reported ($0.21) earnings per share (EPS) for the quarter, Zacks reports. Orbit International had a negative net margin of 18.70% and a negative return on equity of 29.85%.

Orbit International Stock Performance

Shares of OTCMKTS:ORBT opened at $4.93 on Thursday. The firm has a market cap of $17.39 million, a price-to-earnings ratio of -3.57 and a beta of 0.10. The business has a 50-day simple moving average of $5.10 and a two-hundred day simple moving average of $4.28. Orbit International has a fifty-two week low of $2.25 and a fifty-two week high of $5.40.

Orbit International Company Profile

Orbit International (OTCMKTS:ORBT) is a designer and manufacturer of high-reliability power conversion products serving commercial, industrial and military markets. The company’s offerings include AC/DC power supplies, DC/DC converters, EMI filters and related power system components engineered to meet rigorous performance and regulatory requirements.

Orbit International specializes in custom design solutions, working with original equipment manufacturers (OEMs) in aerospace, defense, nuclear and medical sectors.