Orbit Garant Drilling (TSE:OGD) Shares Pass Above 200 Day Moving Average – Time to Sell?

Orbit Garant Drilling Inc. (TSE:OGD) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.63 and traded as high as C$0.63. Orbit Garant Drilling shares last traded at C$0.60, with a volume of 9,500 shares traded.

Orbit Garant Drilling Trading Up 8.3 %

The company has a market capitalization of C$24.29 million, a price-to-earnings ratio of -16.25, a P/E/G 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. The business’s 50-day moving average price is C$0.60 and its two-hundred day moving average price is C$0.63.

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

About Orbit Garant Drilling

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.