C-Com Satellite Systems (CVE:CMI) Stock Price Up 13.1% – Here’s What Happened

C-Com Satellite Systems Inc. (CVE:CMI)’s stock price was up 13.1% during trading on Monday . The stock traded as high as C$0.95 and last traded at C$0.95. Approximately 45,262 shares were traded during trading, an increase of 187% from the average daily volume of 15,751 shares. The stock had previously closed at C$0.84.

C-Com Satellite Systems Stock Performance

The company has a debt-to-equity ratio of 6.36, a quick ratio of 12.01 and a current ratio of 20.17. The stock has a fifty day simple moving average of C$0.84 and a two-hundred day simple moving average of C$0.91. The stock has a market cap of C$40.14 million, a PE ratio of -95.00 and a beta of 1.18.

About C-Com Satellite Systems

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.