C-Com Satellite Systems (CVE:CMI) Stock Falls 2.3% – Time to Sell?

Shares of C-Com Satellite Systems Inc. (CVE:CMI) traded down 2.3% during mid-day trading on Wednesday. The company traded as low as C$0.84 and last traded at C$0.84. Approximately 165,503 shares changed hands during trading, an increase of 933% from the average daily volume of 16,026 shares. The stock had previously closed at C$0.86.

C-Com Satellite Systems Trading Down 2.3%

The company has a debt-to-equity ratio of 4.76, a quick ratio of 12.01 and a current ratio of 19.28. The firm has a market cap of C$35.50 million, a price-to-earnings ratio of -99.00 and a beta of 0.47. The business has a fifty day moving average of C$0.86 and a two-hundred day moving average of C$0.93.

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.