Orbit International (OTCMKTS:ORBT) Issues Quarterly Earnings Results

Orbit International (OTCMKTS:ORBT) issued its earnings results on Monday. The company reported ($0.65) earnings per share (EPS) for the quarter, Zacks reports. Orbit International had a negative return on equity of 4.08% and a negative net margin of 2.58%.

Orbit International Stock Performance

Shares of OTCMKTS:ORBT remained flat at $3.02 during trading on Monday. 2 shares of the stock were exchanged, compared to its average volume of 950. The stock has a 50 day moving average of $3.44 and a 200-day moving average of $3.99. Orbit International has a twelve month low of $3.02 and a twelve month high of $6.00. The firm has a market cap of $10.63 million, a P/E ratio of -14.38 and a beta of 0.11. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.61 and a quick ratio of 0.95.

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.