Orbit International (OTCMKTS:ORBT) Issues Quarterly Earnings Results

Orbit International (OTCMKTS:ORBT) announced its quarterly earnings data on Thursday. The company reported ($0.51) earnings per share (EPS) for the quarter, Zacks reports. Orbit International had a negative net margin of 19.24% and a negative return on equity of 34.08%.

Orbit International Stock Performance

OTCMKTS:ORBT traded down $0.68 during trading hours on Thursday, reaching $3.20. The stock had a trading volume of 101,894 shares, compared to its average volume of 26,792. The stock has a market cap of $11.30 million, a P/E ratio of -2.42 and a beta of 0.56. The stock has a 50 day simple moving average of $4.52 and a 200 day simple moving average of $5.01. Orbit International has a 12-month low of $2.42 and a 12-month high of $13.57.

About Orbit International

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.