Orbit Garant Drilling (TSE:OGD) Sets New 1-Year High - What's Next?

Shares of Orbit Garant Drilling Inc. (TSE:OGD - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as C$1.55 and last traded at C$1.47, with a volume of 48556 shares trading hands. The stock had previously closed at C$1.38.

Orbit Garant Drilling Stock Up 8.0 %

The company has a market capitalization of C$55.58 million, a P/E ratio of 24.46, a price-to-earnings-growth ratio of 0.65 and a beta of 2.27. The company has a current ratio of 2.58, a quick ratio of 1.01 and a debt-to-equity ratio of 54.62. The stock's fifty day moving average is C$1.24 and its 200 day moving average is C$0.96.

Insider Transactions at Orbit Garant Drilling

In related news, insider 6705570 Canada Inc. sold 25,000 shares of the company's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of C$1.14, for a total transaction of C$28,527.50. Over the last ninety days, insiders sold 51,500 shares of company stock worth $58,010. Company insiders own 24.36% of the company's stock.

About Orbit Garant Drilling

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.