Orbit Garant Drilling (TSE:OGD) Stock Passes Above Two Hundred Day Moving Average of $0.92

Orbit Garant Drilling Inc. (TSE:OGD)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.92 and traded as high as C$0.95. Orbit Garant Drilling shares last traded at C$0.94, with a volume of 9,500 shares.

The firm has a market capitalization of C$34.80 million and a price-to-earnings ratio of -13.82. The company has a fifty day moving average price of C$0.95 and a two-hundred day moving average price of C$0.92. The company has a current ratio of 1.66, a quick ratio of 0.58 and a debt-to-equity ratio of 46.60.

Orbit Garant Drilling (TSE:OGD) last issued its earnings results on Wednesday, February 10th. The company reported C$0.01 earnings per share for the quarter. The company had revenue of C$36.10 million for the quarter. As a group, equities research analysts expect that Orbit Garant Drilling Inc. will post 0.03 earnings per share for the current year.

Orbit Garant Drilling Company Profile (TSE:OGD)

Orbit Garant Drilling Inc provides mineral drilling services in Canada, the United States, 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.

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