ORBCOMM Inc. (ORBC) experienced unusually high volume on Jan. 07, as the stock lost 3.99% to a closing price of $7.22. The stock saw 505,290 shares trade hands over the course of the day on 2,612 trades. Given that the stock’s average daily volume over the last month has been 321,093 shares a day, this represents a pretty substantial spike over the norm.
ORBCOMM Inc. has a P/B ratio of 1.72. The stock has traded between $7.80 and $5.27 over the last 52-weeks, its 50-day SMA is now $6.57, and its 200-day SMA $6.31.
ORBCOMM Inc is a wireless data communications company. The Company provides machine-to-machine solutions, including network connectivity, devices and web reporting applications.
Headquartered in Rochelle Park, NJ, ORBCOMM Inc. has 225 employees and is currently under the leadership of CEO Marc Eisenberg.
For a complete fundamental analysis analysis of ORBCOMM Inc., check out Equities.com’s Stock Valuation Analysis report for ORBC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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