Orbit Garant Drilling Inc. (TSE:OGD - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$1.67 and last traded at C$1.67, with a volume of 41100 shares changing hands. The stock had previously closed at C$1.61.
Orbit Garant Drilling Stock Up 8.1%
The firm has a 50 day moving average of C$1.47 and a 200-day moving average of C$1.21. The company has a debt-to-equity ratio of 54.62, a current ratio of 2.58 and a quick ratio of 1.01. The stock has a market capitalization of C$64.91 million, a P/E ratio of 28.56, a price-to-earnings-growth ratio of 0.65 and a beta of 2.27.
Insider Buying and Selling
In related news, Director Pierre Rougeau sold 65,000 shares of the company's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of C$1.41, for a total value of C$91,650.00. Also, Senior Officer Daniel Maheu sold 22,000 shares of the firm's stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of C$1.53, for a total value of C$33,660.00. Insiders own 24.36% of the company's stock.
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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