Orbit Garant Drilling (TSE:OGD) Shares Cross Above 200-Day Moving Average – Should You Sell?

Orbit Garant Drilling Inc. (TSE:OGD)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.63 and traded as high as C$0.63. Orbit Garant Drilling shares last traded at C$0.60, with a volume of 9,500 shares.

Orbit Garant Drilling Stock Down 4.8 %

The firm’s fifty day simple moving average is C$0.60 and its 200 day simple moving average is C$0.63. The company has a current ratio of 2.80, a quick ratio of 1.01 and a debt-to-equity ratio of 56.65. The company has a market cap of C$22.42 million, a price-to-earnings ratio of -15.00, a PEG ratio of 0.65 and a beta of 2.27.

Orbit Garant Drilling (TSE:OGD) last issued its earnings results on Thursday, September 19th. The company reported C($0.04) EPS for the quarter. Orbit Garant Drilling had a negative return on equity of 2.16% and a negative net margin of 0.73%. The firm had revenue of C$45.30 million for the quarter. Sell-side analysts predict that Orbit Garant Drilling Inc. will post 0.0400267 earnings per share for the current year.

Orbit Garant Drilling Company Profile

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.