Is Orbc a good stock to buy?
ORBCOMM has received a consensus rating of Hold. The company’s average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating.
What happened to Orbc?
The merger was approved and subsequently consummated before the open on September 1, 2021. As a result, each existing ORBC Common Share will be converted into the right to receive $11.50 net cash per share. Settlement in ORBC options will take place through OCC’s cash settlement system.
What is Orbc stock?
Stable Share Price: ORBC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week….Price Volatility.
| ORBC volatility | |
|---|---|
| 10% most volatile stocks in US Market | 15.1% |
| 10% least volatile stocks in US Market | 2.2% |
Is ORBCOMM publicly traded?
Effective today, ORBCOMM is a privately held company, and its common stock is no longer listed on the Nasdaq Stock Market.
Who is buying orbcomm?
GI Partners
GI Partners has completed its acquisition of Orbcomm. The all-cash transaction values Orbcomm at approximately $1.1 billion, including net debt.
Who bought Orbc?
GI Partners has completed its acquisition of Orbcomm. The all-cash transaction values Orbcomm at approximately $1.1 billion, including net debt.
What does Orbc company do?
ORBCOMM owns and operates a global network of 31 low Earth orbit (LEO) communications satellites and accompanying ground infrastructure including 16 gateway Earth stations (GESs) around the world. ORBCOMM is licensed to provide service in more than 130 countries and territories worldwide.
Who are ORBCOMM competitors?
ORBCOMM’s top competitors include Comtech Telecommunications, CalAmp, Globalstar, Aeris, Iridium Communications, Hologram, Knight Sky and Real-Time Innovations. ORBCOMM is a provider of Internet of Things (IoT) solutions, including network connectivity, devices, device management, and web reporting applications.
How much does ORBCOMM cost?
An Orbcomm antenna, he said, costs about $50, with the modem costing around $125.
How many employees does orbcomm have?
800
Orbcomm
| Type | Wireless data networking |
|---|---|
| Products | Industrial Internet of Things, telematics and satellite communications solutions |
| Revenue | US$248 million (2020) |
| Number of employees | 800 |
| Website | www.orbcomm.com |
Where is orbcomm located?
ORBCOMM is headquartered in Rochelle Park, NJ and has 16 office locations across 11 countries.
https://www.youtube.com/watch?v=dp8PhLsUcFE