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Orbit International (NASDAQ:ORBT) major shareholder Elkhorn Partners Limited Partn bought 4,700 shares of Orbit International stock on the open market in a transaction dated Thursday, July 17th. The stock was purchased at an average price of $2.82 per share, with a total value of $13,254.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Orbit International (NASDAQ:ORBT) traded up 2.47% on Friday, hitting $2.90. The stock had a trading volume of 6,751 shares. Orbit International has a 52-week low of $2.60 and a 52-week high of $3.80. The stock’s 50-day moving average is $2.93 and its 200-day moving average is $3.07. The company’s market cap is $12.7 million.

Orbit International Corp. (NASDAQ:ORBT) conducts its operations through its Orbit Instrument Division and its wholly owned subsidiaries, Behlman Electronics, Inc(Behlman), TDL Development Laboratory, Inc (TDL) and Integrated Consulting Services, Inc (ICS) and Integrated Combat Systems (ICS).

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