C-Com Satellite Systems (CVE:CMI) Stock Price Down 1% – Here’s Why

C-Com Satellite Systems Inc. (CVE:CMI) shares dropped 1% during trading on Monday . The company traded as low as C$0.99 and last traded at C$0.99. Approximately 301 shares changed hands during trading, a decline of 97% from the average daily volume of 11,472 shares. The stock had previously closed at C$1.00.

C-Com Satellite Systems Price Performance

The firm has a market capitalization of C$42.26 million, a PE ratio of -100.00 and a beta of 0.88. The company has a current ratio of 24.07, a quick ratio of 12.01 and a debt-to-equity ratio of 5.56. The company has a fifty day moving average price of C$0.97 and a two-hundred day moving average price of C$0.92.

C-Com Satellite Systems Company Profile

C-Com Satellite Systems Inc develops and deploys commercial grade mobile auto-deploying satellite-based technology for the delivery of two-way high-speed Internet, VoIP, and video services into vehicles. The company offers iNetVu, a proprietary mobile auto-deploying antenna for the delivery of satellite-based Internet services into vehicles while stationary virtually anywhere one can drive. It also provides driveaway, flyaway, manpack, and fixed motorized antennas. In addition, the company offers controllers and accessories, such as powersmart products, VSAT satellite beacon receivers and transportable cases, driveaway transportable skids, custom integrations, and VSAT satellite system cables.