Orbit Garant Drilling Inc. (TSE:OGD - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.19 and traded as high as C$1.58. Orbit Garant Drilling shares last traded at C$1.57, with a volume of 3,000 shares changing hands.
Orbit Garant Drilling Trading Up 4.5%
The company has a debt-to-equity ratio of 54.62, a quick ratio of 1.01 and a current ratio of 2.58. The stock has a market cap of C$60.06 million, a P/E ratio of 26.43, a P/E/G ratio of 0.65 and a beta of 2.27. The stock has a 50-day moving average price of C$1.46 and a 200-day moving average price of C$1.21.
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 shares were 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 stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of C$1.53, for a total value of C$33,660.00. 24.36% of the stock is owned by insiders.
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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