C-Com Satellite Systems (CVE:CMI) Trading Up 5.5% – Here’s Why

C-Com Satellite Systems Inc. (CVE:CMI)’s stock price traded up 5.5% during mid-day trading on Monday . The company traded as high as C$0.96 and last traded at C$0.96. Approximately 1,020 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 10,098 shares. The stock had previously closed at C$0.91.

C-Com Satellite Systems Price Performance

The company has a current ratio of 25.18, a quick ratio of 12.01 and a debt-to-equity ratio of 5.23. The company’s 50-day moving average price is C$0.95 and its two-hundred day moving average price is C$0.96. The company has a market cap of C$40.57 million, a P/E ratio of -99.00 and a beta of 0.41.

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.