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

C-Com Satellite Systems Inc. (CVE:CMI) shares fell 1.1% during trading on Tuesday . The company traded as low as C$0.88 and last traded at C$0.88. 1,553 shares traded hands during trading, a decline of 87% from the average daily volume of 11,999 shares. The stock had previously closed at C$0.89.

C-Com Satellite Systems Trading Down 2.2%

The stock has a market capitalization of C$37.19 million, a price-to-earnings ratio of -99.00 and a beta of 0.56. The company has a debt-to-equity ratio of 4.76, a quick ratio of 12.01 and a current ratio of 19.28. The business has a 50-day moving average of C$0.89 and a 200-day moving average of C$0.94.

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.