Best Stock of the Day: Orbsat (OSAT). See Why Now.

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Orbsat is a publicly-traded corporation with its headquarters in Miami, Florida, providing satellite-based voice, data, IoT, tracking and other connectivity solutions for a wide range of industries. Serving government and private entities, satellite systems from Orbsat have been in operation for many years.

Orbsat OSAT +3.85 71.0% Change

Orbsat has nearly doubled in price since its IPO came to market at $5.00, but private trading prior to the company’s IPO was significantly higher—as should be expected. The stock appears to be following an upward trend that can continue with increased volume and interest in space technology.

Why is OSAT Moving?

OSAT is moving on heavy volume, shortly after closing its IPO. As the company adds funding through the sale of common stock, its volume should remain high as satellite communications and spaceflight remain in the news.

Where to Buy Orbsat Stock

When it is time to buy Orbsat stock, you must choose a brokerage house. The list below will help you choose a reliable partner in your stock trading, facilitating every sale and/or purchase. 
 

Stay Ahead of the Game on OSAT

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Data for Orbsat as of July 6, 2021

Summary of Orbsat as of July 6, 2021:

• Price Change: $5.44 to $9.30
• 52 Week Low: $1.90
• 52 Week High: $9.30
• Market Cap: $26.624M
• P/E Ratio: -
• Dividend Yield: -

Significant Dates for Orbsat:

• Next Earnings Date: August 23, 2021
• Last Earnings Date: n/a
• Ex-Dividend Date: n/a
• Dividend Payment Date: n/a

Technical Data of Orbsat as of July 6, 2021:

• RSI: 44 ⮕ Bullish
• MACD: Signal Line (-1.56) Over MACD (-3.047) ⮕ Bullish
• Bollinger Bands: Price ($9.30), 20-Day SMA ($7.63), Lower Band ($2.13) Upper Band ($21.52) ⮕ Bullish

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.