Could C-Com Satellite Systems Inc. Gain Strenght? The Stock Reaches 52-Week Low

 Could C Com Satellite Systems Inc. Gain Strenght? The Stock Reaches 52 Week Low

The stock of C-Com Satellite Systems Inc. (CVE:CMI) is a huge mover today! About 24,860 shares traded hands or 208.82% up from the average. C-Com Satellite Systems Inc. (CVE:CMI) has risen 6.00% since October 26, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.
The move comes after 5 months negative chart setup for the $37.99M company. It was reported on Nov, 25 by Barchart.com. We have $0.93 PT which if reached, will make CVE:CMI worth $2.28M less.

More recent C-Com Satellite Systems Inc. (CVE:CMI) news were published by: Marketwired.com which released: “C-COM Files Second Patent for Phased Array Antenna Technology” on November 08, 2016. Also Marketwired.com published the news titled: “C-COM Receives Type Approval From Telenor Satellite for 98cm Ka-Band Antenna …” on October 18, 2016. Marketwired.com‘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 $37.99 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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