Market Insight: Orion Group Holdings Inc (ORN)’s Notable Drop, Closing at 5.75

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

In the latest session, Orion Group Holdings Inc (NYSE: ORN) closed at $5.75 down -3.04% from its previous closing price of $5.93. In other words, the price has decreased by -$3.04 from its previous closing price. On the day, 0.79 million shares were traded.

Ratios:

For a deeper understanding of Orion Group Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.36.

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, DA Davidson on January 17, 2025, initiated with a Buy rating and assigned the stock a target price of $11.

On May 14, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $14.

B. Riley Securities Upgraded its Neutral to Buy on July 28, 2023, whereas the target price for the stock was revised from $5 to $3.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 1.49.

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 $4.85. The 50-Day Moving Average of the stock is -23.48%, while the 200-Day Moving Average is calculated to be -26.10%.

Shares Statistics:

A total of 38.97M shares are outstanding, with a floating share count of 36.24M. Insiders hold about 7.04% of the company’s shares, while institutions hold 75.13% stake in the company.

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