Orion Group Holdings Inc (NYSE: ORN) on Tuesday, soared 16.51% from the previous trading day, before settling in for the closing price of $6.30. Within the past 52 weeks, ORN’s price has moved between $4.09 and $12.12.
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A company in the Industrials sector has jumped its sales by 8.09% annually for the last half of the decade. The company achieved an average annual earnings per share of 120.61%. With a float of $36.16 million, this company’s outstanding shares have now reached $38.90 million.
In an organization with 1796 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 10.73%, operating margin of 0.98%, and the pretax margin is -1.61%.
Orion Group Holdings Inc (ORN) Insider Updates
Observing investor behavior towards Engineering & Construction industry stocks is more important than anything else. The insider ownership of Orion Group Holdings Inc is 7.04%, while institutional ownership is 65.57%. The most recent insider transaction that took place on Sep 13 ’24, was worth 24,741. In this transaction PRESIDENT & CEO of this company bought 4,120 shares at a rate of $6.00, taking the stock ownership to the 437,299 shares. Before that another transaction happened on Sep 13 ’24, when Company’s EVP & GENERAL COUNSEL bought 15,633 for $6.05, making the entire transaction worth $94,580. This insider now owns 86,235 shares in total.
Orion Group Holdings Inc (ORN) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 120.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.00% during the next five years compared to 30.10% growth over the previous five years of trading.
Orion Group Holdings Inc (NYSE: ORN) Trading Performance Indicators
Orion Group Holdings Inc (ORN) is currently performing well based on its current performance indicators. A quick ratio of 1.33 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.37. Likewise, its price to free cash flow for the trailing twelve months is 8.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.40, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.29 in one year’s time.
Technical Analysis of Orion Group Holdings Inc (ORN)
Let’s dig in a bit further. During the last 5-days, its volume was 0.83 million. That was better than the volume of 0.41 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.86%. Additionally, its Average True Range was 0.46.
During the past 100 days, Orion Group Holdings Inc’s (ORN) raw stochastic average was set at 30.62%, which indicates a significant decrease from 94.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.96% in the past 14 days, which was lower than the 91.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.12, while its 200-day Moving Average is $7.64. However, in the short run, Orion Group Holdings Inc’s stock first resistance to watch stands at $7.72. Second resistance stands at $8.09. The third major resistance level sits at $8.85. If the price goes on to break the first support level at $6.59, it is likely to go to the next support level at $5.83. Assuming the price breaks the second support level, the third support level stands at $5.46.
Orion Group Holdings Inc (NYSE: ORN) Key Stats
Market capitalization of the company is 285.54 million based on 38,901K outstanding shares. Right now, sales total 711,780 K and income totals -17,880 K. The company made 226,680 K in profit during its latest quarter, and 4,260 K in sales during its previous quarter.
