Orbit International (OTCMKTS:ORBT) Stock Passes Above Two Hundred Day Moving Average of $4.69

Orbit International Corp. (OTCMKTS:ORBT) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.69 and traded as high as $5.55. Orbit International shares last traded at $5.55, with a volume of 1,629 shares.

Orbit International Price Performance

The company’s 50-day moving average price is $5.10 and its two-hundred day moving average price is $4.69.

Orbit International (OTCMKTS:ORBT) last released its earnings results on Wednesday, March 13th. The company reported $0.22 earnings per share for the quarter. The company had revenue of $7.46 million during the quarter.

Orbit International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 5th. Stockholders of record on Friday, March 29th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.72%. The ex-dividend date was Wednesday, March 27th.

About Orbit International

Orbit International Corp. engages in the design, manufacture, and sale of electronic components and subsystems, and commercial and custom power units for prime contractors, government procurement agencies, and research and development laboratories worldwide. The company operates in two segments, Electronics Group and Power Group.