Orbsat Corp. (OTCMKTS:OSAT – Get Free Report)’s share price was up 4% during trading on Thursday . The company traded as high as $1.05 and last traded at $1.05. Approximately 37,999 shares changed hands during trading, a decline of 67% from the average daily volume of 116,585 shares. The stock had previously closed at $1.01.
Orbsat Stock Down 2.2 %
The business has a 50 day moving average of $1.09 and a 200 day moving average of $1.16. The company has a quick ratio of 14.48, a current ratio of 15.27 and a debt-to-equity ratio of 0.01.
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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