Orbit Garant Drilling (TSE:OGD) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Orbit Garant Drilling Inc. (TSE:OGDGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.70 and traded as high as C$0.83. Orbit Garant Drilling shares last traded at C$0.81, with a volume of 24,611 shares trading hands.

Orbit Garant Drilling Price Performance

The company has a fifty day moving average of C$0.82 and a 200-day moving average of C$0.70. 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 stock has a market cap of C$30.27 million, a PE ratio of -20.25, a P/E/G ratio of 0.65 and a beta of 2.27.

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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