Orbit Garant Drilling (TSE:OGD) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Orbit Garant Drilling Inc. (TSE:OGDGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.69 and traded as high as C$0.83. Orbit Garant Drilling shares last traded at C$0.83, with a volume of 1,797 shares traded.

Orbit Garant Drilling Trading Down 1.2 %

The company has a quick ratio of 1.01, a current ratio of 2.80 and a debt-to-equity ratio of 56.65. The firm has a market cap of C$30.64 million, a P/E ratio of -20.50, a price-to-earnings-growth ratio of 0.65 and a beta of 2.27. The firm’s 50-day simple moving average is C$0.82 and its 200 day simple moving average is C$0.69.

Orbit Garant Drilling Company Profile

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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.

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