Orbital Tracking (OTCMKTS:TRKK) Shares Down 9.1% – Here’s Why

Orbital Tracking Corp (OTCMKTS:TRKKGet Free Report) shares fell 9.1% during trading on Monday . The stock traded as low as $0.82 and last traded at $0.85. 60,438 shares were traded during mid-day trading, an increase of 3,118% from the average session volume of 1,878 shares. The stock had previously closed at $0.94.

Orbital Tracking Stock Performance

The company has a quick ratio of 0.60, a current ratio of 0.89 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $1.52 million, a PE ratio of -0.64 and a beta of 3.27. The firm’s 50-day moving average price is $1.00 and its two-hundred day moving average price is $1.08.

Orbital Tracking Company Profile

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Orbital Tracking Corp., through its subsidiaries, develops, distributes, and resells satellite enabled communications hardware; and provides products, airtime, and related services to customers in the United States and internationally. The company also provides equipment and airtime for use on various satellite networks, as well as short-term rental service for customers who want to use its equipment for a limited time period.

Further Reading

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