Orbit International (OTCMKTS:ORBT) Announces Quarterly Earnings Results

Orbit International (OTCMKTS:ORBT) posted its quarterly earnings results on Thursday. The company reported ($0.08) earnings per share for the quarter, Zacks reports. Orbit International had a negative net margin of 2.58% and a negative return on equity of 4.08%.

Orbit International Stock Up 3.9 %

ORBT traded up $0.15 on Thursday, reaching $3.95. The company’s stock had a trading volume of 1,100 shares, compared to its average volume of 1,032. The company has a market capitalization of $13.90 million, a price-to-earnings ratio of -18.81 and a beta of 0.51. Orbit International has a fifty-two week low of $3.80 and a fifty-two week high of $6.32. The company has a quick ratio of 0.95, a current ratio of 2.61 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average of $4.08 and a two-hundred day moving average of $4.36.

About Orbit International

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.