C-Com Satellite Systems (CVE:CMI) Sets New 52-Week High at $1.98

C-Com Satellite Systems Inc (CVE:CMI)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$1.98 and last traded at C$1.97, with a volume of 40732 shares trading hands. The stock had previously closed at C$1.88.

The company has a market capitalization of $71.06 million and a price-to-earnings ratio of 27.29. The business has a 50 day moving average price of C$1.68 and a 200-day moving average price of C$1.66.

C-Com Satellite Systems (CVE:CMI) last announced its quarterly earnings data on Tuesday, July 23rd. The company reported C$0.01 earnings per share (EPS) for the quarter. The business had revenue of C$2.57 million during the quarter.

In other news, Director Ronald A. Leslie sold 19,100 shares of the business’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of C$1.60, for a total value of C$30,560.00. Following the transaction, the director now directly owns 240,699 shares of the company’s stock, valued at approximately C$385,118.40.

C-Com Satellite Systems Company Profile (CVE:CMI)

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, as well as for the transportable platforms.

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