Orbital (ASX:OEC) Stock Price Down 1.1%

Shares of Orbital Co. Ltd. (ASX:OEC) dropped 1.1% during mid-day trading on Monday . The company traded as low as A$0.87 ($0.62) and last traded at A$0.87 ($0.62), approximately 128,659 shares changed hands during mid-day trading. The stock had previously closed at A$0.88 ($0.62).

The stock has a market cap of $67.50 million and a PE ratio of -15.26. The company has a current ratio of 1.72, a quick ratio of 0.90 and a debt-to-equity ratio of 91.16. The business has a 50 day moving average of A$0.78 and a 200-day moving average of A$0.50.

Orbital Company Profile (ASX:OEC)

Orbital Corporation Limited engages in the design, manufacture, and sale of unmanned aerial vehicle (UAV) propulsion systems and flight critical components in Australia and the United States. It operates through Program Delivery (PD) and Advanced Product Development (APD) segments. It also focuses on the manufacture, assembly, and delivery of engines and propulsion systems for unmanned aerial vehicles.

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