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How to buy ORBCOMM stock in Canada | $11.19
Own ORBCOMM shares in just a few minutes.
ORBCOMM is a telecom services business based in the US. ORBCOMM stocks (ORBC.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $11.21 – an increase of 0.09% over the previous week. ORBCOMM employs 739 staff and has a trailing 12-month revenue of around $246 million.
How to buy ORBCOMM stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: ORBC in this case.
- Research ORBCOMM stocks. The platform should provide the latest information available.
- Buy your ORBCOMM stocks. It's that simple.
What's in this guide?
- Can I buy shares in ORBCOMM?
- Has coronavirus impacted ORBCOMM shares?
- ORBCOMM shares summary
- Compare share dealing platforms
- Is ORBCOMM stock a buy or sell?
- ORBCOMM performance over time
- Can I short ORBCOMM shares?
- ORBCOMM's financials
- How volatile are ORBCOMM shares?
- Does ORBCOMM pay a dividend?
- Other common questions
How has Coronavirus impacted ORBCOMM's stock price?
Since the stock market crash in March caused by coronavirus, ORBCOMM's stock price has had significant positive movement.
Its last market close was $11.19, which is 65.06% up on its pre-crash value of $3.91 and 802.42% up on the lowest point reached during the March crash when the stocks fell as low as $1.24.
If you had bought $1,000 worth of ORBCOMM stocks at the start of February 2020, those stocks would have been worth $351.65 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $3,074.23.
ORBCOMM stock priceUse our graph to track the performance of ORBC stocks over time.
ORBCOMM stocks at a glance
|Latest market close||$11.19|
|52-week range||$3.32 - $11.55|
|50-day moving average||$11.2346|
|200-day moving average||$9.6929|
|Wall St. target price||$11.5|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.263|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy ORBCOMM stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
ORBCOMM price performance over time
|1 month (2021-06-30)||-0.44%|
|3 months (2021-04-30)||-2.36%|
Is ORBCOMM under- or over-valued?
Valuing ORBCOMM stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of ORBCOMM's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
ORBCOMM's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$45.8 million.
The EBITDA is a measure of a ORBCOMM's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$246 million|
|Gross profit TTM||USD$133.7 million|
|Return on assets TTM||-0.03%|
|Return on equity TTM||-17.42%|
|Market capitalisation||USD$903.3 million|
TTM: trailing 12 months
How to short and sell ORBCOMM stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "ORBC.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 3.4 million ORBCOMM stocks held short by investors – that's known as ORBCOMM's "short interest". This figure is 19.7% down from 4.3 million last month.
There are a few different ways that this level of interest in shorting ORBCOMM stocks can be evaluated.
ORBCOMM's "short interest ratio" (SIR)
ORBCOMM's "short interest ratio" (SIR) is the quantity of ORBCOMM stocks currently shorted divided by the average quantity of ORBCOMM stocks traded daily (recently around 961719.88795518). ORBCOMM's SIR currently stands at 3.57. In other words for every 100,000 ORBCOMM stocks traded daily on the market, roughly 3570 stocks are currently held short.
However ORBCOMM's short interest can also be evaluated against the total number of ORBCOMM stocks, or, against the total number of tradable ORBCOMM stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case ORBCOMM's short interest could be expressed as 0.04% of the outstanding stocks (for every 100,000 ORBCOMM stocks in existence, roughly 40 stocks are currently held short) or 0.0508% of the tradable stocks (for every 100,000 tradable ORBCOMM stocks, roughly 51 stocks are currently held short).
Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against ORBCOMM.
Find out more about how you can short ORBCOMM stock.
ORBCOMM stock dividends
We're not expecting ORBCOMM to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
ORBCOMM stock price volatility
Over the last 12 months, ORBCOMM's stocks have ranged in value from as little as $3.32 up to $11.55. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while ORBCOMM's is 1.5811. This would suggest that ORBCOMM's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
ORBCOMM Inc. provides Internet of Things solutions in the United States, South America, Japan, Europe, and internationally. The company offers network connectivity, devices, device management, and web reporting applications that are designed to track, monitor, control, and enhance security for various assets, such as trailers, trucks, rail cars, sea containers, power generators, fluid tanks, marine vessels, diesel or electric powered generators, oil and gas wells, pipeline monitoring equipment, irrigation control systems, and utility meters in transportation and supply chain, heavy equipment, fixed asset monitoring, and maritime industries, as well as for governments. It also provides satellite automatic identification service data services to assist in vessel navigation and to enhance maritime safety for government and commercial customers; and vehicle fleet management, as well as in-cab and fleet vehicle solutions using various network platforms, including its own constellation of low-earth orbit satellites and accompanying ground infrastructure, as well as terrestrial-based cellular communication services through reseller agreements with various cellular wireless providers. In addition, the company offers customer solutions utilizing additional satellite network service options through service agreements with third party mobile satellite providers; and resells service using the two-way Inmarsat plc satellite network to provide higher bandwidth. It markets and sells its products and services directly to original equipment manufacturers, government customers, and end-users, as well as indirectly through market channel partners and affiliates. ORBCOMM Inc. was founded in 1993 and is headquartered in Rochelle Park, New Jersey.
Stocks similar to ORBCOMM
ORBCOMM in the news
Orbcomm (ORBC) May Report Negative Earnings: Know the Trend Ahead of Q2 Release
Where Do Hedge Funds Stand On ORBCOMM Inc (ORBC)?
ORBCOMM Announces Breakthrough in Total Tractor to Trailer Connected Intelligence
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