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

Shares of Orbit International Corp. (OTCMKTS:ORBT) 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.

Orbit International Stock Performance

The firm’s 50 day simple moving average is $5.14 and its 200 day simple moving average is $4.71.

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

Orbit International Announces Dividend

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

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.