C-Com Satellite Systems (CVE:CMI) Stock Price Up 3.1% – Here’s What Happened

C-Com Satellite Systems Inc. (CVE:CMIGet Free Report) shares rose 3.1% during trading on Friday . The company traded as high as C$1.00 and last traded at C$1.00. Approximately 4,520 shares changed hands during trading, a decline of 55% from the average daily volume of 10,083 shares. The stock had previously closed at C$0.97.

C-Com Satellite Systems Price Performance

The company has a market capitalization of C$42.26 million, a price-to-earnings ratio of -100.00 and a beta of 1.45. The company has a debt-to-equity ratio of 6.36, a current ratio of 20.17 and a quick ratio of 12.01. The business has a fifty day moving average price of C$0.95 and a 200 day moving average price of C$1.02.

About C-Com Satellite Systems

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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.

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