Orbit Garant Drilling (TSE:OGD) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Orbit Garant Drilling Inc. (TSE:OGDGet Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.69 and traded as high as C$0.83. Orbit Garant Drilling shares last traded at C$0.83, with a volume of 1,797 shares changing hands.

Orbit Garant Drilling Stock Performance

The firm has a market cap of C$31.02 million, a PE ratio of -20.75, a P/E/G ratio of 0.65 and a beta of 2.27. The stock has a 50-day moving average price of C$0.81 and a 200 day moving average price of C$0.69. The company has a debt-to-equity ratio of 56.65, a current ratio of 2.80 and a quick ratio of 1.01.

About Orbit Garant Drilling

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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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