Orbit International (OTCMKTS:ORBT) Issues Earnings Results

Orbit International (OTCMKTS:ORBT) announced its quarterly earnings results on Thursday. The company reported ($0.20) earnings per share for the quarter, Zacks reports. Orbit International had a negative net margin of 21.42% and a negative return on equity of 41.21%.

Orbit International Price Performance

OTCMKTS ORBT remained flat at $2.56 on Thursday. 435 shares of the company traded hands, compared to its average volume of 18,889. The stock has a market capitalization of $9.05 million, a P/E ratio of -1.78 and a beta of 0.63. The company’s 50-day moving average price is $2.65 and its two-hundred day moving average price is $4.27. The company has a quick ratio of 0.41, a current ratio of 1.25 and a debt-to-equity ratio of 0.03. Orbit International has a 12 month low of $2.38 and a 12 month high of $13.57.

Orbit International Company Profile

Orbit International Corporation is a U.S.-based manufacturer of electronic components, subsystems and power products for military, aerospace, industrial, medical and other commercial applications. The company develops equipment used in specialized systems where reliability, durability and performance are important requirements. Through its operating businesses, Orbit produces products such as cockpit display systems, electronic control panels, video systems, embedded computers and related electronic assemblies.