Orbital Tracking (OTCMKTS:TRKK) Shares Up 1.4% – Time to Buy?

Orbital Tracking Corp (OTCMKTS:TRKK)’s share price traded up 1.4% on Friday . The company traded as high as $0.59 and last traded at $0.58. 43,525 shares traded hands during mid-day trading, an increase of 2,218% from the average session volume of 1,878 shares. The stock had previously closed at $0.5718.

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 price is $0.63 and its 200-day moving average price is $0.71. The firm has a market capitalization of $1.04 million, a PE ratio of -0.44 and a beta of 3.27.

Orbital Tracking Company Profile

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. In addition, it offers a range of portable satellite voice, data, and tracking solutions, including handheld satellite phones, personal and asset tracking devices, portable high speed broadband terminals, satellite Wi-Fi hotspots.