Could C-Com Satellite Systems Inc. Decline After Today’s Huge Increase?


 Could C Com Satellite Systems Inc. Decline After Today's Huge Increase?

The stock of C-Com Satellite Systems Inc. (CVE:CMI) is a huge mover today! About 13,500 shares traded hands or 24.39% up from the average. C-Com Satellite Systems Inc. (CVE:CMI) has risen 6.00% since September 17, 2016 and is uptrending. It has outperformed by 0.39% the S&P500.
The move comes after 8 months positive chart setup for the $36.56 million company. It was reported on Oct, 17 by We have $2.21 PT which if reached, will make CVE:CMI worth $45.70 million more.

More recent C-Com Satellite Systems Inc. (CVE:CMI) news were published by: which released: “C-COM Reports Third Quarter Results” on October 12, 2016. Also published the news titled: “C-COM Receives $1.2 Million in Orders” on September 21, 2016.‘s news article titled: “C-COM Files Patent Application for In-Motion Ka-Band Antenna Technology” with publication date: September 23, 2014 was also an interesting one.

C-COM Satellite Systems Inc. is engaged in the development and deployment of commercial grade mobile auto-deploying satellite technology for the delivery of two-way Internet, voice over Internet Protocol and video services into vehicles. The company has a market cap of $36.56 million. The Firm has developed a mobile auto-deploying (iNetVu) antenna that allows the delivery of satellite Internet services into vehicles while stationary. It has a 46.12 P/E ratio. The Company’s satellite services and products deliver solutions for both fixed and mobile applications across the world.

CMI Company Profile

Cummins Inc., incorporated on February 3, 1919, is a maker of diesel engines. The Firm designs, makes, distributes and services diesel and natural gas engines and engine-related component products, including filtration, after treatment, turbochargers, fuel systems, controls systems, air handling systems and electric power generation systems. The Firm operates through four divisions: Engine, Distribution, Components and Power Generation. The Firm sells its products to original equipment manufacturers (OEMs), distributors and other clients across the world. The Firm serves its clients through a network of approximately 600 Company-owned and independent distributor locations and approximately 7,200 dealer locations in over 190 countries and territories. It has presence in the United States, China, India, South Korea, Mexico and Sweden.

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