C-Com Satellite Systems (CVE:CMI) Shares Pass Below Fifty Day Moving Average – What’s Next?

C-Com Satellite Systems Inc. (CVE:CMI)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.97 and traded as low as C$0.90. C-Com Satellite Systems shares last traded at C$0.94, with a volume of 7,929 shares traded.

C-Com Satellite Systems Stock Down 5.1%

The stock has a market capitalization of C$39.72 million, a PE ratio of -99.00 and a beta of 0.58. The firm 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.

C-Com Satellite Systems Company Profile

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.