Orbit Garant Drilling (TSE:OGD) Reaches New 1-Year High – Here’s Why

Orbit Garant Drilling Inc. (TSE:OGDGet Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as C$1.28 and last traded at C$1.24, with a volume of 103557 shares. The stock had previously closed at C$1.20.

Orbit Garant Drilling Stock 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 stock has a market capitalization of C$46.26 million, a price-to-earnings ratio of 20.35, a PEG ratio of 0.65 and a beta of 2.27. The stock’s 50 day moving average is C$0.92 and its 200 day moving average is C$0.77.

Orbit Garant Drilling Company Profile

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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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