C-Com Satellite Systems (CVE:CMI) Stock Price Up 1.1% – Here’s Why

C-Com Satellite Systems Inc. (CVE:CMI) shares were up 1.1% on Tuesday . The stock traded as high as C$0.88 and last traded at C$0.88. 2,131 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 10,395 shares. The stock had previously closed at C$0.87.

C-Com Satellite Systems Price Performance

The firm has a 50-day simple moving average of C$0.94 and a two-hundred day simple moving average of C$0.96. The stock has a market cap of C$34.65 million, a P/E ratio of -99.00 and a beta of 0.43. The company has a current ratio of 19.28, a quick ratio of 12.01 and a debt-to-equity ratio of 4.76.

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.