Orbsat Corp. (OTCMKTS:OSAT – Get Free Report)’s stock price traded down 20.9% during mid-day trading on Tuesday . The company traded as low as $1.42 and last traded at $1.48. 1,353,474 shares traded hands during trading, an increase of 1,061% from the average session volume of 116,585 shares. The stock had previously closed at $1.87.
Orbsat Stock Down 6.7 %
The stock has a 50-day moving average of $1.49 and a 200-day moving average of $1.62. The company has a debt-to-equity ratio of 0.01, a quick ratio of 14.48 and a current ratio of 15.27.
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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