Orbsat Corp. (OTCMKTS:OSAT – Get Free Report)’s share price dropped 1.8% during mid-day trading on Wednesday . The company traded as low as $1.09 and last traded at $1.12. Approximately 73,260 shares changed hands 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 Trading Up 0.9 %
The company has a debt-to-equity ratio of 0.01, a current ratio of 15.27 and a quick ratio of 14.48. The company has a 50 day simple moving average of $1.05 and a 200 day simple moving average of $1.16.
Orbsat Company Profile
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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