C-Com Satellite Systems (CVE:CMI) Stock Price Up 1.1% – Here’s Why

C-Com Satellite Systems Inc. (CVE:CMIGet Free Report) rose 1.1% on Tuesday . The stock traded as high as C$0.88 and last traded at C$0.88. Approximately 2,131 shares changed hands during trading, a decline of 79% from the average session volume of 10,395 shares. The stock had previously closed at C$0.87.

C-Com Satellite Systems Stock Performance

The stock has a fifty day simple moving average of C$0.94 and a two-hundred day simple moving average of C$0.96. The company has a debt-to-equity ratio of 4.76, a quick ratio of 12.01 and a current ratio of 19.28. The stock has a market cap of C$37.19 million, a price-to-earnings ratio of -99.00 and a beta of 0.41.

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. It also provides driveaway, flyaway, manpack, and fixed motorized antennas. In addition, the company offers controllers and accessories, such as powersmart products, VSAT satellite beacon receivers and transportable cases, driveaway transportable skids, custom integrations, and VSAT satellite system cables.

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