Orbit Garant Drilling (TSE:OGD) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Orbit Garant Drilling Inc. (TSE:OGD) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.63 and traded as high as C$0.77. Orbit Garant Drilling shares last traded at C$0.77, with a volume of 13,500 shares changing hands.

Orbit Garant Drilling Stock Performance

The firm’s fifty day simple moving average is C$0.62 and its 200 day simple moving average is C$0.63. The company has a market capitalization of C$28.77 million, a PE ratio of -19.25, a price-to-earnings-growth ratio of 0.65 and a beta of 2.27. The company has a debt-to-equity ratio of 56.65, a current ratio of 2.80 and a quick ratio of 1.01.

Orbit Garant Drilling (TSE:OGD) last released its quarterly earnings data on Thursday, September 19th. The company reported C($0.04) EPS for the quarter. The company had revenue of C$45.30 million during the quarter. Orbit Garant Drilling had a negative return on equity of 2.16% and a negative net margin of 0.73%. On average, research analysts predict that Orbit Garant Drilling Inc. will post 0.0400267 EPS for the current year.

Orbit Garant Drilling Company Profile

Orbit Garant Drilling Inc provides mineral drilling services in Canada, the United States, Central and South America, and West Africa. It provides underground and surface diamond drilling services to mining companies through various stages of mineral exploration, mine development, and production. The company also offers geotechnical and water drilling services to mining or mineral exploration companies, engineering and environmental consultant firms, and government agencies.