Orbit International Corp. (OTCMKTS:ORBT – Get Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.62 and traded as high as $6.72. Orbit International shares last traded at $6.42, with a volume of 386,334 shares changing hands.
Orbit International Trading Up 58.9%
The firm has a market capitalization of $22.66 million, a price-to-earnings ratio of -4.86 and a beta of 0.21. The stock’s 50 day moving average price is $4.70 and its two-hundred day moving average price is $4.62.
Orbit International (OTCMKTS:ORBT – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.46) EPS for the quarter. The company had revenue of $5.24 million during the quarter. Orbit International had a negative net margin of 19.24% and a negative return on equity of 31.75%.
Orbit International Company Profile
Orbit International (OTCMKTS:ORBT) is a designer and manufacturer of high-reliability power conversion products serving commercial, industrial and military markets. The company’s offerings include AC/DC power supplies, DC/DC converters, EMI filters and related power system components engineered to meet rigorous performance and regulatory requirements.
Orbit International specializes in custom design solutions, working with original equipment manufacturers (OEMs) in aerospace, defense, nuclear and medical sectors.
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