Orbit International (OTCMKTS:ORBT) Stock Price Up 1.6%

Shares of Orbit International Corp. (OTCMKTS:ORBT) shot up 1.6% on Friday . The stock traded as high as $4.56 and last traded at $4.56. 5,400 shares changed hands during mid-day trading, an increase of 151% from the average session volume of 2,155 shares. The stock had previously closed at $4.49.

Orbit International Price Performance

The business has a 50 day moving average price of $4.60 and a 200-day moving average price of $5.06. The company has a market capitalization of $16.14 million, a price-to-earnings ratio of -19.83 and a beta of 0.51. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.85 and a current ratio of 2.54.

Orbit International (OTCMKTS:ORBT) last announced its quarterly earnings data on Friday, August 9th. The company reported ($0.06) EPS for the quarter. The company had revenue of $6.60 million for the quarter. Orbit International had a negative return on equity of 2.91% and a negative net margin of 1.88%.

Orbit International Company Profile

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.