C-Com Satellite Systems (CVE:CMI) Reaches New 52-Week Low – Here’s Why

C-Com Satellite Systems Inc. (CVE:CMIGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as C$1.06 and last traded at C$1.04, with a volume of 16750 shares trading hands. The stock had previously closed at C$1.14.

C-Com Satellite Systems Price Performance

The firm’s fifty day simple moving average is C$1.20 and its 200 day simple moving average is C$1.22. The company has a market capitalization of C$43.11 million, a PE ratio of 20.40 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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