Orbital Tracking (OTCMKTS:TRKK) Stock Price Down 9.1% – Time to Sell?

Orbital Tracking Corp (OTCMKTS:TRKKGet Free Report)’s stock price fell 9.1% during trading on Monday . The company traded as low as $0.82 and last traded at $0.85. 60,438 shares were traded during mid-day trading, an increase of 3,118% from the average session volume of 1,878 shares. The stock had previously closed at $0.94.

Orbital Tracking Stock Performance

The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.60 and a current ratio of 0.89. The firm’s 50 day moving average is $1.00 and its 200-day moving average is $1.08. The firm has a market cap of $1.45 million, a price-to-earnings ratio of -0.61 and a beta of 3.27.

About Orbital Tracking

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Orbital Tracking Corp., through its subsidiaries, develops, distributes, and resells satellite enabled communications hardware; and provides products, airtime, and related services to customers in the United States and internationally. The company also provides equipment and airtime for use on various satellite networks, as well as short-term rental service for customers who want to use its equipment for a limited time period.

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