C-Com Satellite Systems (CVE:CMI) Trading Down 2.3% – Here’s Why

C-Com Satellite Systems Inc. (CVE:CMIGet Free Report)’s share price was down 2.3% during mid-day trading on Tuesday . The stock traded as low as C$1.25 and last traded at C$1.25. Approximately 3,110 shares changed hands during trading, a decline of 57% from the average daily volume of 7,181 shares. The stock had previously closed at C$1.28.

C-Com Satellite Systems Stock Up 1.7 %

The stock has a fifty day simple moving average of C$1.26 and a 200-day simple moving average of C$1.22. The company has a market capitalization of C$51.56 million, a P/E ratio of 24.00 and a beta of 0.06.

About C-Com Satellite Systems

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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.

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