Orbit Garant Drilling (TSE:OGD) Stock Price Crosses Above Two Hundred Day Moving Average of $0.55

Orbit Garant Drilling Inc. (TSE:OGD) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.55 and traded as high as C$0.63. Orbit Garant Drilling shares last traded at C$0.63, with a volume of 11,500 shares changing hands.

Orbit Garant Drilling Price Performance

The company has a current ratio of 2.58, a quick ratio of 1.01 and a debt-to-equity ratio of 65.98. The company has a market cap of C$23.54 million, a price-to-earnings ratio of -3.71, a P/E/G ratio of 0.65 and a beta of 2.29. The business has a 50-day moving average price of C$0.59 and a 200 day moving average price of C$0.55.

Orbit Garant Drilling (TSE:OGD) last announced its earnings results on Wednesday, February 7th. The company reported C($0.05) EPS for the quarter. The company had revenue of C$43.35 million for the quarter. Orbit Garant Drilling had a negative net margin of 3.25% and a negative return on equity of 9.60%. As a group, research analysts expect that Orbit Garant Drilling Inc. will post 0.0200069 earnings per share for the current fiscal 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.