Orbit International (OTCMKTS:ORBT) Posts Quarterly Earnings Results

Orbit International (OTCMKTS:ORBT) announced 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 ORBT remained flat at $3.02 during mid-day trading on Monday. The stock had a trading volume of 2 shares, compared to its average volume of 950. Orbit International has a 12 month low of $3.02 and a 12 month high of $6.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.61 and a quick ratio of 0.95. The firm has a market capitalization of $10.63 million, a price-to-earnings ratio of -14.38 and a beta of 0.11. The business has a 50 day moving average of $3.44 and a 200-day moving average of $3.99.

About Orbit International

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.