Orbit International (OTCMKTS:ORBT – Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($0.51) earnings per share (EPS) for the quarter, Zacks reports. Orbit International had a negative return on equity of 38.77% and a negative net margin of 21.42%.The business had revenue of $4.89 million for the quarter.
Orbit International Stock Down 0.9%
ORBT stock opened at $3.25 on Friday. Orbit International has a fifty-two week low of $2.42 and a fifty-two week high of $13.57. The company has a 50-day simple moving average of $4.36 and a 200 day simple moving average of $4.98. The company has a market capitalization of $11.49 million, a P/E ratio of -2.26 and a beta of 0.56.
About Orbit International
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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