C-Com Satellite Systems (CVE:CMI) Trading Down 9.5% – Should You Sell?

C-Com Satellite Systems Inc. (CVE:CMIGet Free Report)’s stock price fell 9.5% during trading on Tuesday . The stock traded as low as C$1.24 and last traded at C$1.24. 657 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 6,360 shares. The stock had previously closed at C$1.37.

C-Com Satellite Systems Stock Performance

The stock’s fifty day moving average price is C$1.24 and its two-hundred day moving average price is C$1.22. The company has a market cap of C$53.25 million, a P/E ratio of 25.20 and a beta of 0.06.

About C-Com Satellite Systems

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C-Com Satellite Systems Inc develops and deploys commercial grade mobile auto-deploying satellite-based technology for the delivery of two-way high-speed Internet, VoIP, and video services into vehicles. The company offers iNetVu, a proprietary mobile auto-deploying antenna for the delivery of satellite-based Internet services into vehicles while stationary virtually anywhere one can drive.

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