Orbit Garant Drilling (TSE:OGD) Stock Price Crosses Above 200-Day Moving Average of $0.55

Orbit Garant Drilling Inc. (TSE:OGD) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.55 and traded as high as C$0.62. Orbit Garant Drilling shares last traded at C$0.59, with a volume of 20,000 shares trading hands.

Orbit Garant Drilling Stock Down 4.8 %

The firm has a 50-day moving average of C$0.56 and a 200 day moving average of C$0.55. The company has a debt-to-equity ratio of 65.98, a current ratio of 2.58 and a quick ratio of 1.01. The stock has a market capitalization of C$22.05 million, a price-to-earnings ratio of -3.47, a PEG ratio of 0.65 and a beta of 2.16.

Orbit Garant Drilling (TSE:OGD) last issued its quarterly earnings results on Wednesday, February 7th. The company reported C($0.05) EPS for the quarter. Orbit Garant Drilling had a negative net margin of 3.25% and a negative return on equity of 9.60%. The company had revenue of C$43.35 million for the quarter. As a group, sell-side analysts forecast that Orbit Garant Drilling Inc. will post 0.0200359 earnings per share for the current fiscal 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.