Orbit International (OTCMKTS:ORBT) Stock Price Passes Above 200-Day Moving Average of $4.69

Shares of Orbit International Corp. (OTCMKTS:ORBT) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 Price Performance

The business has a 50 day simple moving average of $5.14 and a two-hundred day simple moving average of $4.71.

Orbit International (OTCMKTS:ORBT) last released its earnings results on Wednesday, April 17th. The company reported ($0.10) earnings per share for the quarter. The business had revenue of $7.17 million during the quarter.

Orbit International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 5th. Stockholders of record on Friday, March 29th were paid a dividend of $0.01 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.04 annualized dividend and a dividend 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.