Orbit International (OTCMKTS:ORBT) Issues Earnings Results

Orbit International (OTCMKTS:ORBT) issued its earnings results on Thursday. The company reported ($0.20) earnings per share (EPS) for the quarter, Zacks reports. Orbit International had a negative net margin of 21.42% and a negative return on equity of 41.21%. The company had revenue of $6.16 million during the quarter.

Orbit International Price Performance

Shares of ORBT remained flat at $2.50 on Friday. The company had a trading volume of 1,780 shares, compared to its average volume of 2,624. The stock has a market cap of $8.82 million, a price-to-earnings ratio of -1.74 and a beta of 0.63. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.25 and a quick ratio of 0.41. The company’s fifty day moving average is $2.64 and its 200-day moving average is $4.26. Orbit International has a 1-year low of $2.38 and a 1-year high of $13.57.

About Orbit International

Orbit International Corporation is a U.S.-based manufacturer of electronic components, subsystems and power products for military, aerospace, industrial, medical and other commercial applications. The company develops equipment used in specialized systems where reliability, durability and performance are important requirements. Through its operating businesses, Orbit produces products such as cockpit display systems, electronic control panels, video systems, embedded computers and related electronic assemblies.