Orbit International (OTCMKTS:ORBT) Announces Earnings Results

Orbit International (OTCMKTS:ORBT) posted its quarterly earnings data on Thursday. The company reported ($0.20) earnings per share (EPS) for the quarter, Zacks reports. Orbit International had a negative return on equity of 41.21% and a negative net margin of 21.42%.

Orbit International Price Performance

Shares of Orbit International stock traded down $0.03 during mid-day trading on Thursday, reaching $2.53. 538 shares of the stock traded hands, compared to its average volume of 18,890. The business has a 50-day moving average of $2.65 and a 200 day moving average of $4.27. Orbit International has a fifty-two week low of $2.38 and a fifty-two week high of $13.57. The stock has a market capitalization of $8.94 million, a PE ratio of -1.76 and a beta of 0.63. The company has a quick ratio of 0.41, a current ratio of 1.25 and a debt-to-equity ratio of 0.03.

Orbit International Company Profile

Orbit International Corporation is a U.S.-based manufacturer of electronic components, subsystems and power products for military, aerospace, industrial, medical and other commercial applications. The company develops equipment used in specialized systems where reliability, durability and performance are important requirements. Through its operating businesses, Orbit produces products such as cockpit display systems, electronic control panels, video systems, embedded computers and related electronic assemblies.