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

Orbit Garant Drilling Inc. (TSE:OGD - Get Free Report) shares reached 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 Price Performance

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 firm has a market capitalization of C$65.28 million, a P/E ratio of 28.72, a P/E/G ratio of 0.65 and a beta of 2.27. The company has a 50 day moving average of C$1.48 and a 200-day moving average of C$1.23.

Insider Buying and Selling at Orbit Garant Drilling

In related news, Senior Officer Daniel Maheu sold 22,000 shares of the company's stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of C$1.53, for a total transaction of C$33,660.00. Also, 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. 24.36% of the stock is owned by corporate insiders.

Orbit Garant Drilling Company Profile

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.