C-Com Satellite Systems (CVE:CMI) Shares Down 4.2% – Here’s What Happened

C-Com Satellite Systems Inc. (CVE:CMIGet Free Report)’s share price was down 4.2% during trading on Tuesday . The company traded as low as C$1.14 and last traded at C$1.14. Approximately 6,300 shares were traded during mid-day trading, a decline of 12% from the average daily volume of 7,126 shares. The stock had previously closed at C$1.19.

C-Com Satellite Systems Trading Down 4.2 %

The firm has a market cap of C$48.18 million, a P/E ratio of 22.80 and a beta of 0.06. The business’s 50-day moving average is C$1.25 and its two-hundred day moving average is C$1.22.

C-Com Satellite Systems Company Profile

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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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