C-Com Satellite Systems (CVE:CMI) Stock Price Down 0.8% – Here’s What Happened

C-Com Satellite Systems Inc. (CVE:CMIGet Free Report)’s share price fell 0.8% during mid-day trading on Tuesday . The stock traded as low as C$1.20 and last traded at C$1.20. 833 shares were traded during trading, a decline of 91% from the average session volume of 9,189 shares. The stock had previously closed at C$1.21.

C-Com Satellite Systems Price Performance

The company has a debt-to-equity ratio of 6.36, a quick ratio of 12.01 and a current ratio of 20.17. The stock has a market capitalization of C$51.61 million, a price-to-earnings ratio of 25.95 and a beta of 0.06. The company has a 50-day moving average of C$1.13 and a 200-day moving average of C$1.19.

C-Com Satellite Systems Company Profile

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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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