Orbsat Corp. (OTCMKTS:OSAT – Get Free Report)’s stock price shot up 6.2% during mid-day trading on Friday . The stock traded as high as $0.89 and last traded at $0.8390. 1,020,234 shares changed hands during trading, an increase of 775% from the average session volume of 116,585 shares. The stock had previously closed at $0.7899.
Orbsat Price Performance
The firm has a 50-day moving average of $0.80 and a 200-day moving average of $0.72. The stock has a market cap of $5.08 million, a PE ratio of -0.45 and a beta of 2.22. The company has a debt-to-equity ratio of 0.01, a current ratio of 15.27 and a quick ratio of 14.48.
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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