Orbit International (OTCMKTS:ORBT) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Orbit International Corp. (OTCMKTS:ORBT)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.52 and traded as high as $4.05. Orbit International shares last traded at $4.05, with a volume of 1,727 shares changing hands.

Orbit International Price Performance

The business has a 50-day moving average of $4.24 and a 200 day moving average of $3.53. The company has a market capitalization of $14.30 million, a PE ratio of -2.93 and a beta of 0.10.

Orbit International (OTCMKTS:ORBT) last released its quarterly earnings results on Tuesday, November 11th. The company reported ($0.26) earnings per share for the quarter. The firm had revenue of $5.78 million for the quarter. Orbit International had a negative net margin of 18.70% and a negative return on equity of 29.85%.

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.