As of close of business last night, Orbital Infrastructure Group Inc.’s stock clocked out at $0.12, down -6.30% from its previous closing price of $0.13. In other words, the price has decreased by -$0.0080 from its previous closing price. On the day, 1290716 shares were traded. OIG stock price reached its highest trading level at $0.1295 during the session, while it also had its lowest trading level at $0.1177.
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To gain a deeper understanding of OIG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.50.
Upgrades & Downgrades
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06.
Stock Price History:
Over the past 52 weeks, OIG has reached a high of $2.08, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 0.1775, while the 200-Day Moving Average is calculated to be 0.4539.
It appears that OIG traded 1.16M shares on average per day over the past three months and 1.01M shares per day over the past ten days. A total of 115.64M shares are outstanding, with a floating share count of 109.79M. Insiders hold about 2.70% of the company’s shares, while institutions hold 13.80% stake in the company. Shares short for OIG as of Jan 30, 2023 were 1.87M with a Short Ratio of 1.77M, compared to 1.97M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.33% and a Short% of Float of 1.35%.
As of right now, 1 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.03, while EPS last year was -$0.12. The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.04 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$2.06 and -$2.06 for the fiscal current year, implying an average EPS of -$2.06. EPS for the following year is -$0.09, with 1 analysts recommending between -$0.09 and -$0.09.
In the current quarter, 1 analysts expect revenue to total $89.5M. It ranges from a high estimate of $89.5M to a low estimate of $89.5M. As of the current estimate, Orbital Infrastructure Group Inc.’s year-ago sales were $41.05M, an estimated increase of 118.00% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $82M, an increase of 16.70% less than the figure of $118.00% in the same quarter last year. There is a high estimate of $82M for the next quarter, whereas the lowest estimate is $82M.
A total of 1 analysts have provided revenue estimates for OIG’s current fiscal year. The highest revenue estimate was $353.5M, while the lowest revenue estimate was $353.5M, resulting in an average revenue estimate of $353.5M. In the same quarter a year ago, actual revenue was $82.95M, up 326.20% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $372.1M in the next fiscal year. The high estimate is $372.1M and the low estimate is $372.1M. The average revenue growth estimate for next year is up 5.30% from the average revenue estimate for this year.