Orbit International (OTCMKTS:ORBT) Posts Quarterly Earnings Results

Orbit International (OTCMKTS:ORBT) released its quarterly earnings data on Wednesday. The company reported ($0.21) earnings per share (EPS) for the quarter, Zacks reports. Orbit International had a negative net margin of 18.70% and a negative return on equity of 29.85%. The firm had revenue of $6.73 million during the quarter.

Orbit International Stock Up 3.7%

OTCMKTS ORBT traded up $0.18 on Thursday, hitting $4.93. The company’s stock had a trading volume of 625 shares, compared to its average volume of 343. The company’s 50-day moving average is $5.10 and its 200 day moving average is $4.28. The firm has a market cap of $17.39 million, a PE ratio of -3.57 and a beta of 0.10. Orbit International has a 1-year low of $2.25 and a 1-year high of $5.40.

Orbit International Company Profile

Orbit International (OTCMKTS:ORBT) is a designer and manufacturer of high-reliability power conversion products serving commercial, industrial and military markets. The company’s offerings include AC/DC power supplies, DC/DC converters, EMI filters and related power system components engineered to meet rigorous performance and regulatory requirements.

Orbit International specializes in custom design solutions, working with original equipment manufacturers (OEMs) in aerospace, defense, nuclear and medical sectors.