Orbit Garant Drilling (TSE:OGD) Stock Price Crosses Above Two Hundred Day Moving Average of $0.60

Orbit Garant Drilling Inc. (TSE:OGD) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.60 and traded as high as C$0.64. Orbit Garant Drilling shares last traded at C$0.64, with a volume of 2,000 shares trading hands.

Orbit Garant Drilling Stock Performance

The company has a quick ratio of 1.01, a current ratio of 2.37 and a debt-to-equity ratio of 61.65. The stock’s fifty day moving average price is C$0.65 and its two-hundred day moving average price is C$0.60. The company has a market capitalization of C$23.92 million, a PE ratio of -5.82, a price-to-earnings-growth ratio of 0.65 and a beta of 2.31.

Orbit Garant Drilling (TSE:OGD) last posted its earnings results on Wednesday, May 8th. The company reported C$0.05 earnings per share for the quarter. The company had revenue of C$48.21 million during the quarter. Orbit Garant Drilling had a negative net margin of 2.31% and a negative return on equity of 6.65%. Sell-side analysts anticipate that Orbit Garant Drilling Inc. will post 0.02 earnings per share 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.