Orbital Infrastructure Group (NASDAQ:OIG – Get Rating) had its price objective dropped by research analysts at Craig Hallum to $1.00 in a report issued on Thursday, Stock Target Advisor reports. Craig Hallum’s price objective indicates a potential upside of 309.17% from the stock’s current price.
Separately, Alliance Global Partners set a $2.00 price target on shares of Orbital Infrastructure Group in a research report on Wednesday.
Orbital Infrastructure Group Stock Performance
NASDAQ OIG opened at $0.24 on Thursday. The company has a fifty day simple moving average of $0.43 and a 200 day simple moving average of $0.68. Orbital Infrastructure Group has a 12-month low of $0.23 and a 12-month high of $2.89. The company has a current ratio of 0.49, a quick ratio of 0.54 and a debt-to-equity ratio of 2.29. The company has a market cap of $28.07 million, a P/E ratio of -0.10 and a beta of 1.27.
Hedge Funds Weigh In On Orbital Infrastructure Group
About Orbital Infrastructure Group
Orbital Infrastructure Group, Inc provides engineering, design, construction, and maintenance services to customers in the electric power, telecommunications, and renewable industries. It designs, installs, upgrades, repairs, and maintains electric power transmission and distribution infrastructure, and substation facilities, as well as offers emergency restoration services; and provides drilled shaft foundation construction services to the electric transmission and substation, industrial, telecommunication, and disaster restoration market sectors.
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