For the readers interested in the stock health of Orbsat Corp. (OSAT). It is currently valued at $5.61. When the transactions were called off in the previous session, Stock hit the highs of $6.3736, after setting-off with the price of $6.25. Company’s stock value dipped to $5.60 during the trading on the day. When the trading was stopped its value was $6.27.Recently in News on August 25, 2021, Orbsat Corp Expands Focus on E-Commerce with Appointments of Douglas S. Ellenoff as Vice Chairman and Chief Business Development Strategist and Paul R. Thomson as Executive Vice President. Latest Additions to the Management Team Bring Extensive Banking, Finance, and M&A Experience to the Company. You can read further details here
Orbsat Corp. had a pretty Dodgy run when it comes to the market performance.
Orbsat Corp. (OSAT) full year performance was -85.35%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Orbsat Corp. shares are logging -79.62% during the 52-week period from high price, and 43.72% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.90 and $27.50.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 659394 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Orbsat Corp. (OSAT) recorded performance in the market was -56.88%, having the revenues showcasing 1.36% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 35.93M, as it employees total of 1 workers.
Analysts verdict on Orbsat Corp. (OSAT)
During the last month, 0 analysts gave the Orbsat Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for OSAT is recording 0.03 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.02.
Orbsat Corp. (OSAT): Technical Analysis
Raw Stochastic average of Orbsat Corp. in the period of last 50 days is set at 8.37%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 29.24%. In the last 20 days, the company’s Stochastic %K was 53.11% and its Stochastic %D was recorded 62.45%.
Let’s take a glance in the erstwhile performances of Orbsat Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -56.88%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -62.76%, alongside a downfall of -85.35% for the period of the last 12 months. The shares -4.84% in the 7-day charts and went down by -1.84% in the period of the last 30 days. Common stock shares were driven by 1.36% during last recorded quarter.