Orbit International Corp. (OTCMKTS:ORBT – Get Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.02 and traded as high as $5.50. Orbit International shares last traded at $5.0882, with a volume of 62,215 shares changing hands.
Orbit International Trading Down 13.8%
The company’s fifty day moving average is $5.60 and its two-hundred day moving average is $5.02. The stock has a market cap of $17.96 million, a price-to-earnings ratio of -3.85 and a beta of 0.45.
Orbit International (OTCMKTS:ORBT – Get Free Report) last posted its earnings results on Thursday, May 14th. The company reported ($0.46) earnings per share for the quarter. Orbit International had a negative net margin of 19.24% and a negative return on equity of 34.08%. The company had revenue of $5.24 million during the quarter.
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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