Orbit Garant Drilling (TSE:OGD) Shares Cross Above 200-Day Moving Average – Time to Sell?

Orbit Garant Drilling Inc. (TSE:OGDGet Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.68 and traded as high as C$0.79. Orbit Garant Drilling shares last traded at C$0.79, with a volume of 1,000 shares trading hands.

Orbit Garant Drilling Stock Performance

The firm has a fifty day moving average price of C$0.80 and a two-hundred day moving average price of C$0.68. The stock has a market capitalization of C$30.27 million, a PE ratio of -20.25, a P/E/G ratio of 0.65 and a beta of 2.27. The company has a debt-to-equity ratio of 56.65, a current ratio of 2.80 and a quick ratio of 1.01.

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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