Orbit International (OTCMKTS:ORBT) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Shares of Orbit International Corp. (OTCMKTS:ORBT) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $3.38 and traded as high as $4.1179. Orbit International shares last traded at $4.1179, with a volume of 150 shares trading hands.

Orbit International Stock Performance

The company has a market capitalization of $14.52 million, a price-to-earnings ratio of -4.33 and a beta of 0.14. The stock’s 50 day moving average price is $3.97 and its 200 day moving average price is $3.38. The company has a current ratio of 2.07, a quick ratio of 0.62 and a debt-to-equity ratio of 0.01.

Orbit International (OTCMKTS:ORBT) last issued its earnings results on Tuesday, November 11th. The company reported ($0.26) earnings per share for the quarter. The firm had revenue of $5.78 million for the quarter. Orbit International had a negative return on equity of 19.05% and a negative net margin of 11.59%.

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.