Is C-Com Satellite Systems Inc.’s Fuel Running Low? The Stock Just Declined Again

 Is C Com Satellite Systems Inc.'s Fuel Running Low? The Stock Just Declined Again

The stock of C-Com Satellite Systems Inc. (CVE:CMI) is a huge mover today! About 14,800 shares traded hands or 40.52% up from the average. C-Com Satellite Systems Inc. (CVE:CMI) has risen 6.00% since October 5, 2016 and is uptrending. It has outperformed by 4.91% the S&P500.
The move comes after 8 months negative chart setup for the $36.15M company. It was reported on Nov, 4 by Barchart.com. We have $0.85 PT which if reached, will make CVE:CMI worth $5.06 million less.

More news for C-Com Satellite Systems Inc. (CVE:CMI) were recently published by: Marketwired.com, which released: “C-COM Files Patent Application for In-Motion Ka-Band Antenna Technology” on September 23, 2014. Marketwired.com‘s article titled: “C-COM Receives Type Approval From Telenor Satellite for 98cm Ka-Band Antenna …” and published on October 18, 2016 is yet another important article.

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 $36.15 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 46.59 P/E ratio. The Company’s satellite services and products deliver solutions for both fixed and mobile applications across the world.

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