Orbsat Corp. (OTCMKTS:OSAT – Get Free Report) was down 9.1% during trading on Monday . The stock traded as low as $0.82 and last traded at $0.85. Approximately 60,438 shares changed hands during trading, a decline of 48% from the average daily volume of 116,585 shares. The stock had previously closed at $0.94.
Orbsat Stock Performance
The firm’s 50-day moving average price is $1.01 and its 200-day moving average price is $1.11. The company has a debt-to-equity ratio of 0.01, a current ratio of 15.27 and a quick ratio of 14.48.
About Orbsat
Orbsat Corp. engages in the provision of satellite based services and solutions for commercial, government and individual users. The firm’s services include satellite communication solutions, emergency location systems, high-speed satellite internet and global asset and personnel monitoring, customized ground station systems and custom product design.
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