Orbit International (OTCMKTS:ORBT) Stock Passes Above Two Hundred Day Moving Average of $4.69

Orbit International Corp. (OTCMKTS:ORBT)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.69 and traded as high as $5.55. Orbit International shares last traded at $5.55, with a volume of 1,629 shares traded.

Orbit International Stock Performance

The company’s 50-day moving average price is $5.10 and its 200-day moving average price is $4.69.

Orbit International (OTCMKTS:ORBT) last released its quarterly earnings data on Wednesday, March 13th. The company reported $0.22 earnings per share (EPS) for the quarter. The firm had revenue of $7.46 million for the quarter.

Orbit International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 5th. Investors of record on Friday, March 29th were given a $0.01 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.04 dividend on an annualized basis and a yield of 0.72%.

About Orbit International

Orbit International Corp. engages in the design, manufacture, and sale of electronic components and subsystems, and commercial and custom power units for prime contractors, government procurement agencies, and research and development laboratories worldwide. The company operates in two segments, Electronics Group and Power Group.