Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $7.96 in the prior trading day, Orion Group Holdings Inc (NYSE: ORN) closed at $7.34, down -7.79%. In other words, the price has decreased by -$7.79 from its previous closing price. On the day, 1.13 million shares were traded. ORN stock price reached its highest trading level at $7.745 during the session, while it also had its lowest trading level at $6.17.
Ratios:
Our goal is to gain a better understanding of ORN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.51.
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 the company, B. Riley Securities on July 28, 2023, Upgraded its rating to Buy and sets its target price to $3 from $5 previously.
On July 30, 2021, B. Riley Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $7.50 to $5.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 07 ’24 when Caliel Michael J bought 4,578 shares for $7.18 per share. The transaction valued at 32,870 led to the insider holds 185,000 shares of the business.
Caliel Michael J bought 2,430 shares of ORN for $17,180 on Mar 06 ’24. The Director now owns 180,422 shares after completing the transaction at $7.07 per share. On Mar 04 ’24, another insider, Boone Travis J, who serves as the PRESIDENT & CEO of the company, bought 12,000 shares for $7.01 each. As a result, the insider paid 84,120 and bolstered with 402,557 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 258237360 and an Enterprise Value of 324781600. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 2.08. Its current Enterprise Value per Revenue stands at 0.455 whereas that against EBITDA is 13.457.
Stock Price History:
Over the past 52 weeks, ORN has reached a high of $9.84, while it has fallen to a 52-week low of $2.34. The 50-Day Moving Average of the stock is -5.83%, while the 200-Day Moving Average is calculated to be 34.63%.
Shares Statistics:
The stock has traded on average 312.64K shares per day over the past 3-months and 351820 shares per day over the last 10 days, according to various share statistics. A total of 32.55M shares are outstanding, with a floating share count of 29.82M. Insiders hold about 8.40% of the company’s shares, while institutions hold 68.63% stake in the company. Shares short for ORN as of 1713139200 were 623237 with a Short Ratio of 1.99, compared to 1710460800 on 339312. Therefore, it implies a Short% of Shares Outstanding of 623237 and a Short% of Float of 2.3599999.
