C-Com Satellite Systems (CVE:CMI) Trading Down 2.1% – Time to Sell?

C-Com Satellite Systems Inc. (CVE:CMIGet Free Report)’s share price fell 2.1% on Wednesday . The stock traded as low as C$0.95 and last traded at C$0.95. 2,800 shares were traded during mid-day trading, a decline of 72% from the average session volume of 10,162 shares. The stock had previously closed at C$0.97.

C-Com Satellite Systems Stock Down 4.9%

The company has a current ratio of 25.18, a quick ratio of 12.01 and a debt-to-equity ratio of 5.23. The firm’s 50 day simple moving average is C$0.97 and its two-hundred day simple moving average is C$0.94. The firm has a market cap of C$40.99 million, a price-to-earnings ratio of -99.00 and a beta of 0.58.

C-Com Satellite Systems Company Profile

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C-Com Satellite Systems Inc develops and deploys commercial grade mobile auto-deploying satellite-based technology for the delivery of two-way high-speed Internet, VoIP, and video services into vehicles. The company offers iNetVu, a proprietary mobile auto-deploying antenna for the delivery of satellite-based Internet services into vehicles while stationary virtually anywhere one can drive. It also provides driveaway, flyaway, manpack, and fixed motorized antennas. In addition, the company offers controllers and accessories, such as powersmart products, VSAT satellite beacon receivers and transportable cases, driveaway transportable skids, custom integrations, and VSAT satellite system cables.

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