Orbit International (OTCMKTS:ORBT – Get Free Report) released its earnings results on Thursday. The company reported ($0.46) earnings per share (EPS) for the quarter, Zacks reports. Orbit International had a negative net margin of 22.38% and a negative return on equity of 34.69%.
Orbit International Stock Up 0.6%
Shares of 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 326. The business has a fifty day moving average of $4.79 and a 200 day moving average of $4.62. The company has a market cap of $16.52 million, a price-to-earnings ratio of -3.10 and a beta of 0.21. Orbit International has a 1 year low of $2.42 and a 1 year high of $5.40.
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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