Orbsat Corp. (OTCMKTS:OSAT – Get Free Report)’s stock price fell 1.8% during mid-day trading on Wednesday . The stock traded as low as $1.09 and last traded at $1.12. 73,260 shares were traded during mid-day trading, a decline of 37% from the average session volume of 116,585 shares. The stock had previously closed at $1.14.
Orbsat Stock Performance
The company has a debt-to-equity ratio of 0.01, a current ratio of 15.27 and a quick ratio of 14.48. The firm has a 50 day simple moving average of $1.05 and a 200-day simple moving average of $1.16.
About Orbsat
Orbsat Corp. engages in the provision of satellite based services and solutions for commercial, government and individual users. The firm’s services include satellite communication solutions, emergency location systems, high-speed satellite internet and global asset and personnel monitoring, customized ground station systems and custom product design.
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