Orbit Garant Drilling (TSE:OGD) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Orbit Garant Drilling Inc. (TSE:OGDGet Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.76 and traded as high as C$1.30. Orbit Garant Drilling shares last traded at C$1.30, with a volume of 151,257 shares traded.

Orbit Garant Drilling Price Performance

The firm has a market capitalization of C$48.49 million, a P/E ratio of 21.34, a P/E/G ratio of 0.65 and a beta of 2.27. The business’s fifty day moving average is C$0.90 and its 200 day moving average is C$0.76. The company has a current ratio of 2.58, a quick ratio of 1.01 and a debt-to-equity ratio of 54.62.

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.

Further Reading

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