C-Com Satellite Systems (CVE:CMI) Trading Down 2.1% – What’s Next?

C-Com Satellite Systems Inc. (CVE:CMIGet Free Report) shares dropped 2.1% on Wednesday . The company traded as low as C$0.95 and last traded at C$0.95. Approximately 2,800 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 10,162 shares. The stock had previously closed at C$0.97.

C-Com Satellite Systems Trading Down 2.1%

The business has a 50 day moving average of C$0.97 and a two-hundred day moving average of C$0.94. The company has a current ratio of 25.18, a quick ratio of 12.01 and a debt-to-equity ratio of 5.23. The firm has a market cap of C$40.14 million, a P/E ratio of -99.00 and a beta of 0.58.

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. It also provides driveaway, flyaway, manpack, and fixed motorized antennas. In addition, the company offers controllers and accessories, such as powersmart products, VSAT satellite beacon receivers and transportable cases, driveaway transportable skids, custom integrations, and VSAT satellite system cables.

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