Orbit International (OTCMKTS:ORBT) Issues Earnings Results

Orbit International (OTCMKTS:ORBT) posted its quarterly earnings data on Wednesday. The company reported ($0.21) earnings per share (EPS) for the quarter, Zacks reports. Orbit International had a negative return on equity of 29.85% and a negative net margin of 18.70%.

Orbit International Price Performance

Shares of Orbit International stock opened at $4.93 on Thursday. The stock’s 50 day simple moving average is $5.10 and its 200-day simple moving average is $4.28. The stock has a market cap of $17.39 million, a P/E ratio of -3.57 and a beta of 0.10. Orbit International has a 1-year low of $2.25 and a 1-year high of $5.40.

Orbit International Company Profile

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.