Orbit Garant Drilling (TSE:OGD) Hits New 1-Year High – Time to Buy?

Shares of Orbit Garant Drilling Inc. (TSE:OGDGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$1.13 and last traded at C$1.12, with a volume of 101650 shares trading hands. The stock had previously closed at C$1.00.

Orbit Garant Drilling Trading Up 0.9 %

The company has a debt-to-equity ratio of 56.65, a quick ratio of 1.01 and a current ratio of 2.80. The business has a fifty day simple moving average of C$0.86 and a 200 day simple moving average of C$0.74. The stock has a market cap of C$42.23 million, a price-to-earnings ratio of -28.25, a PEG ratio of 0.65 and a beta of 2.27.

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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