How have the shares performed?
Orbsat Corp. (OSAT) saw downtrend of -9.20% in the recent trading with $5.53 being its most recent. The current price level -79.89% lower than the highest price of $27.50 marked by the stock while trading over the past 52-weeks, whereas it is 41.79% higher than the lowest price of $3.90 the company dropped to over past 52-weeks. The latest news story on OSAT appeared in ACCESSWIRE under the title “Orbsat Corp Appoints Charles M. Fernandez as Chief Executive Officer and Chairman; David Phipps to Serve as President and CEO of Global Operations” on Jun-07-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -27.90% below one month high and is +41.79% above of the lowest during that time.
Orbsat Corp. Earnings – What Happened With OSAT
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $1.46 billion.
OSAT – Orbsat Corp. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 0.98 million. OSAT does have institutional investors; and they hold 3.60% of the stock.
Orbsat Corp. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, OSAT declared 0 shares have been sold in 0 insider transactions over the past three months.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Orbsat Corp. was 0.91 while posting a debt to equity ratio of 1.17. The count was 97.76 for long-term debt to equity ratio.
Orbsat Corp.’s return on equity, or ROE, is -524.90%, compared to the industry average of 5.82% for Technology – Communication Equipment. Although this indicates that OSAT fails to use its equity well, the metric will vary significantly depending on the industry.