Orbsat (OTCMKTS:OSAT) Stock Price Up 3.2% – Here’s Why

Orbsat Corp. (OTCMKTS:OSATGet Free Report) shares rose 3.2% during trading on Thursday . The stock traded as high as $0.77 and last traded at $0.73. Approximately 40,338 shares were traded during trading, a decline of 65% from the average daily volume of 116,585 shares. The stock had previously closed at $0.71.

Orbsat Price Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 14.48 and a current ratio of 15.27. The firm’s 50 day moving average is $0.61 and its 200-day moving average is $0.86.

About Orbsat

(Get Free Report)

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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