Orbsat Corp. (OTCMKTS:OSAT – Get Free Report) dropped 2.2% during mid-day trading on Friday . The company traded as low as $0.77 and last traded at $0.78. Approximately 216,144 shares changed hands during mid-day trading, an increase of 85% from the average daily volume of 116,585 shares. The stock had previously closed at $0.80.
Orbsat Trading Down 2.2%
The stock’s 50 day moving average price is $0.68 and its two-hundred day moving average price is $0.83. The company has a quick ratio of 14.48, a current ratio of 15.27 and a debt-to-equity ratio of 0.01.
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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