C-Com Satellite Systems (CVE:CMI) Stock Price Up 5.5% – Here’s Why

C-Com Satellite Systems Inc. (CVE:CMI) was up 5.5% during trading on Monday . The company traded as high as C$0.96 and last traded at C$0.96. Approximately 1,020 shares changed hands during trading, a decline of 90% from the average session volume of 10,098 shares. The stock had previously closed at C$0.91.

C-Com Satellite Systems Stock Up 5.5%

The business has a fifty day moving average price of C$0.95 and a two-hundred day moving average price of C$0.95. The company has a current ratio of 25.18, a quick ratio of 12.01 and a debt-to-equity ratio of 5.23. The company has a market cap of C$40.57 million, a price-to-earnings ratio of -99.00 and a beta of 0.41.

C-Com Satellite Systems Company Profile

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.