Orbit International (OTCMKTS:ORBT) Share Price Passes Above 200 Day Moving Average of $0.00

Orbit International Corp. (OTCMKTS:ORBT)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $6.05. Orbit International shares last traded at $5.67, with a volume of 1,049 shares traded.

The company has a fifty day moving average price of $5.90. The firm has a market capitalization of $21.51 million, a P/E ratio of 11.44 and a beta of 0.05. The company has a debt-to-equity ratio of 0.05, a current ratio of 5.24 and a quick ratio of 2.06.

Orbit International (OTCMKTS:ORBT) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.16 EPS for the quarter. The company had revenue of $6.91 million during the quarter. Orbit International had a net margin of 7.26% and a return on equity of 11.19%.

About Orbit International (OTCMKTS:ORBT)

Orbit International Corp. designs, manufactures, and sells electronic components and subsystems, and commercial and custom power units for prime contractors, government procurement agencies, and research and development laboratories in the United States and internationally. The company operates in two segments, Electronics Group and Power Group.

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