Orbit International (OTCMKTS:ORBT – Get Free Report) issued its quarterly earnings results on Thursday. The company reported ($0.46) earnings per share (EPS) for the quarter, Zacks reports. Orbit International had a negative return on equity of 34.69% and a negative net margin of 22.38%.
Orbit International Price Performance
OTCMKTS:ORBT traded up $0.03 during mid-day trading on Thursday, reaching $4.68. The company’s stock had a trading volume of 300 shares, compared to its average volume of 966. The company’s fifty day simple moving average is $4.80 and its two-hundred day simple moving average is $4.62. Orbit International has a twelve month low of $2.42 and a twelve month high of $5.40. The stock has a market cap of $16.53 million, a P/E ratio of -3.10 and a beta of 0.21.
Orbit International Company Profile
Orbit International (OTCMKTS:ORBT) is a designer and manufacturer of high-reliability power conversion products serving commercial, industrial and military markets. The company’s offerings include AC/DC power supplies, DC/DC converters, EMI filters and related power system components engineered to meet rigorous performance and regulatory requirements.
Orbit International specializes in custom design solutions, working with original equipment manufacturers (OEMs) in aerospace, defense, nuclear and medical sectors.
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