C-Com Satellite Systems (CVE:CMI) Stock Price Down 3.3% – What’s Next?

C-Com Satellite Systems Inc. (CVE:CMIGet Free Report) traded down 3.3% on Tuesday . The company traded as low as C$1.16 and last traded at C$1.16. 7,678 shares were traded during mid-day trading, a decline of 34% from the average session volume of 11,719 shares. The stock had previously closed at C$1.20.

C-Com Satellite Systems Price Performance

The company has a market capitalization of C$49.02 million, a price-to-earnings ratio of 23.20 and a beta of 0.06. The business’s 50-day moving average price is C$1.21 and its two-hundred day moving average price 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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