Shares of Orbit Garant Drilling Inc. (TSE:OGD – Get Free Report) crossed above its 200-day moving average during trading on Friday after an insider bought additional shares in the company. The stock has a 200-day moving average of C$1.10 and traded as high as C$1.45. Orbit Garant Drilling shares last traded at C$1.41, with a volume of 63,500 shares traded.
Orbit Garant Drilling Stock Performance
The company has a debt-to-equity ratio of 54.62, a quick ratio of 1.01 and a current ratio of 2.58. The company has a market capitalization of C$52.60 million, a P/E ratio of 23.14, a price-to-earnings-growth ratio of 0.65 and a beta of 2.27. The business has a 50 day moving average of C$1.39 and a 200-day moving average of C$1.10.
About Orbit Garant Drilling
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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