Orbit International (OTCMKTS:ORBT) Share Price Crosses Above Two Hundred Day Moving Average of $4.80

Orbit International Corp. (OTCMKTS:ORBT)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.80 and traded as high as $5.00. Orbit International shares last traded at $5.00, with a volume of 1,480 shares.

Orbit International Stock Performance

The stock has a fifty day simple moving average of $5.34 and a 200-day simple moving average of $4.80.

Orbit International (OTCMKTS:ORBT) last announced its quarterly earnings results on Wednesday, April 17th. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $7.17 million for the quarter.

Orbit International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 5th. Stockholders of record on Friday, March 29th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date of this dividend was Wednesday, March 27th.

Orbit International Company Profile

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.