C-Com Satellite Systems (CVE:CMI) Stock Price Down 1% – Should You Sell?
by Danessa Lincoln · The Markets DailyC-Com Satellite Systems Inc. (CVE:CMI – Get Free Report)’s share price dropped 1% during mid-day trading on Monday . The stock traded as low as C$0.99 and last traded at C$0.99. Approximately 301 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 11,472 shares. The stock had previously closed at C$1.00.
C-Com Satellite Systems Price Performance
The firm has a market cap of C$41.83 million, a P/E ratio of -99.00 and a beta of 0.88. The stock’s 50-day moving average is C$0.97 and its 200-day moving average is C$0.92. The company has a quick ratio of 12.01, a current ratio of 24.07 and a debt-to-equity ratio of 5.56.
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.