Orbit International Corp. (OTCMKTS:ORBT – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 423 shares, a decline of 82.9% from the August 31st total of 2,475 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,144 shares, the short-interest ratio is presently 0.1 days.
Orbit International Price Performance
Shares of OTCMKTS ORBT traded down $0.05 during mid-day trading on Friday, hitting $2.70. 3,165 shares of the stock were exchanged, compared to its average volume of 3,086. Orbit International has a twelve month low of $2.53 and a twelve month high of $13.57. The stock’s fifty day simple moving average is $3.21 and its two-hundred day simple moving average is $4.47. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.41 and a current ratio of 1.25. The company has a market cap of $9.54 million, a P/E ratio of -1.87 and a beta of 0.53.
Orbit International (OTCMKTS:ORBT – Get Free Report) last announced its earnings results on Thursday, August 13th. The company reported ($0.51) EPS for the quarter. Orbit International had a negative return on equity of 41.21% and a negative net margin of 21.42%.The business had revenue of $4.89 million during the quarter.
Orbit International Company Profile
Orbit International Corp. is a U.S.-based electronics manufacturer that develops and produces specialized equipment for defense, aerospace, industrial and other demanding applications. The company focuses on customized electronic systems and components designed for use in environments where durability, reliability and long operating life are important.
Through its operating businesses, Orbit provides products such as ruggedized power supplies, electronic displays, control panels, keyboards, computer-related equipment and other custom electronic assemblies.
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