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

Orbit Garant Drilling Inc. (TSE:OGD)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.56 and traded as high as C$1.79. Orbit Garant Drilling shares last traded at C$1.70, with a volume of 175,602 shares traded.

Orbit Garant Drilling Trading Down 2.9%

The company has a current ratio of 2.58, a quick ratio of 1.01 and a debt-to-equity ratio of 54.62. The business’s 50-day simple moving average is C$1.44 and its 200-day simple moving average is C$1.56. The company has a market cap of C$64.43 million, a PE ratio of 13.08, a P/E/G ratio of 0.65 and a beta of 0.16.

Orbit Garant Drilling (TSE:OGD) last issued its quarterly earnings data on Wednesday, November 12th. The company reported C$0.01 earnings per share for the quarter. Orbit Garant Drilling had a net margin of 1.23% and a return on equity of 3.73%. The firm had revenue of C$46.67 million for the quarter. As a group, analysts expect that Orbit Garant Drilling Inc. will post 0.0400267 EPS for the current fiscal year.

About Orbit Garant Drilling

Orbit Garant Drilling Inc is a Canadian based drilling company providing services to mining companies through all stages of exploration, development, and production. The company operates a surface and underground diamond drilling business. The firm also manufactures conventional drill rigs while also manufacturing and providing other support equipment such as water recirculation systems, heat recovery systems, and fuel-efficient systems. The company operates in Canada, the United States, Central and South America, and West Africa.