Orbit International (OTCMKTS:ORBT) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Orbit International Corp. (OTCMKTS:ORBTGet Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.42 and traded as high as $3.90. Orbit International shares last traded at $3.90, with a volume of 100 shares.

Orbit International Stock Performance

The stock has a market capitalization of $13.77 million, a price-to-earnings ratio of -2.83 and a beta of 0.10. The business has a 50-day moving average of $4.10 and a 200-day moving average of $3.42.

Orbit International (OTCMKTS:ORBTGet Free Report) last announced its earnings results on Tuesday, November 11th. The company reported ($0.26) earnings per share for the quarter. Orbit International had a negative return on equity of 29.85% and a negative net margin of 18.70%.The company had revenue of $5.78 million for the quarter.

About Orbit International

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Orbit International Corp. engages in the design, manufacture, and sale of electronic components and subsystems, and commercial and custom power units for prime contractors, government procurement agencies, and research and development laboratories worldwide. The company operates in two segments, Electronics Group and Power Group.

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