Orbit International (OTCMKTS:ORBT) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Orbit International Corp. (OTCMKTS:ORBT) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.37 and traded as high as $4.8050. Orbit International shares last traded at $4.8050, with a volume of 120 shares.

Orbit International Price Performance

The stock has a market cap of $16.96 million, a P/E ratio of -3.18 and a beta of 0.10. The stock’s 50 day simple moving average is $5.17 and its two-hundred day simple moving average is $4.37.

Orbit International (OTCMKTS:ORBT) last issued its quarterly earnings data on Wednesday, March 18th. The company reported ($0.21) earnings per share (EPS) for the quarter. Orbit International had a negative return on equity of 34.69% and a negative net margin of 22.38%.The company had revenue of $6.73 million for the quarter.

About Orbit International

Orbit International (OTCMKTS:ORBT) is a designer and manufacturer of high-reliability power conversion products serving commercial, industrial and military markets. The company’s offerings include AC/DC power supplies, DC/DC converters, EMI filters and related power system components engineered to meet rigorous performance and regulatory requirements.

Orbit International specializes in custom design solutions, working with original equipment manufacturers (OEMs) in aerospace, defense, nuclear and medical sectors.