C-Com Satellite Systems (CVE:CMI) Trading Down 1% – What’s Next?

C-Com Satellite Systems Inc. (CVE:CMI)’s stock price dropped 1% on Wednesday . The company traded as low as C$0.99 and last traded at C$1.00. Approximately 316 shares were traded during trading, a decline of 97% from the average daily volume of 10,619 shares. The stock had previously closed at C$1.01.

C-Com Satellite Systems Price Performance

The company has a quick ratio of 12.01, a current ratio of 25.18 and a debt-to-equity ratio of 5.23. The stock’s 50-day simple moving average is C$0.97 and its two-hundred day simple moving average is C$0.93. The company has a market capitalization of C$40.14 million, a price-to-earnings ratio of -99.00 and a beta of 0.85.

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.