Orbit Garant Drilling (TSE:OGD) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Orbit Garant Drilling Inc. (TSE:OGDGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.72 and traded as high as C$0.94. Orbit Garant Drilling shares last traded at C$0.94, with a volume of 6,000 shares traded.

Orbit Garant Drilling Stock Up 1.1 %

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 business has a 50-day moving average price of C$0.84 and a 200-day moving average price of C$0.72. The firm has a market cap of C$35.13 million, a P/E ratio of -23.50, a P/E/G ratio of 0.65 and a beta of 2.27.

Orbit Garant Drilling Company Profile

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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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