Market Highlights: Orion Group Holdings Inc (ORN) Ends on a High Note at 8.82

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Orion Group Holdings Inc (NYSE: ORN) closed at $8.82 in the last session, up 3.52% from day before closing price of $8.52. In other words, the price has increased by $3.52 from its previous closing price. On the day, 0.61 million shares were traded. ORN stock price reached its highest trading level at $9.11 during the session, while it also had its lowest trading level at $8.495.

Ratios:

We take a closer look at ORN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.68. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.40.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on May 14, 2024, initiated with a Buy rating and assigned the stock a target price of $14.

On July 28, 2023, B. Riley Securities Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $5 to $3.

B. Riley Securities Downgraded its Buy to Neutral on July 30, 2021, whereas the target price for the stock was revised from $7.50 to $5.50.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 13 ’24 when Boone Travis J bought 4,120 shares for $6.00 per share. The transaction valued at 24,741 led to the insider holds 437,299 shares of the business.

Earle Edward Chipman bought 15,633 shares of ORN for $94,580 on Sep 13 ’24. The EVP & GENERAL COUNSEL now owns 86,235 shares after completing the transaction at $6.05 per share. On Aug 08 ’24, another insider, Boone Travis J, who serves as the PRESIDENT & CEO of the company, bought 3,700 shares for $6.79 each. As a result, the insider paid 25,138 and bolstered with 488,719 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ORN now has a Market Capitalization of 343110336 and an Enterprise Value of 407843584. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 2.41. Its current Enterprise Value per Revenue stands at 0.522 whereas that against EBITDA is 13.496.

Stock Price History:

Over the past 52 weeks, ORN has reached a high of $12.12, while it has fallen to a 52-week low of $4.09. The 50-Day Moving Average of the stock is 34.08%, while the 200-Day Moving Average is calculated to be 12.70%.

Shares Statistics:

According to the various share statistics, ORN traded on average about 473.92K shares per day over the past 3-months and 440640 shares per day over the past 10 days. A total of 38.90M shares are outstanding, with a floating share count of 36.16M. Insiders hold about 7.04% of the company’s shares, while institutions hold 74.42% stake in the company. Shares short for ORN as of 1730332800 were 1518482 with a Short Ratio of 3.20, compared to 1727654400 on 1816107. Therefore, it implies a Short% of Shares Outstanding of 1518482 and a Short% of Float of 4.63.

Most Popular