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

Orbit Garant Drilling Inc. (TSE:OGD) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.69 and traded as high as C$0.83. Orbit Garant Drilling shares last traded at C$0.83, with a volume of 1,797 shares.

Orbit Garant Drilling Stock Down 1.2 %

The firm has a market cap of C$30.64 million, a PE ratio of -20.50, a price-to-earnings-growth ratio of 0.65 and a beta of 2.27. 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 stock has a fifty day simple moving average of C$0.82 and a two-hundred day simple moving average of C$0.69.

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.