Orbital Energy Group Inc. (NASDAQ:OEG) went down by -11.59% from its latest closing price compared to the recent 1-year high of $11.20. The company’s stock price has collected -18.06% of loss in the last five trading sessions. Press Release reported on 01/25/21 that Orbital Energy Group’s Subsidiary, Orbital Solar Services, Partners with Black Sunrise Half Century Fund and Akon Lighting America as exclusive EPC for North American Solar Projects
Is It Worth Investing in Orbital Energy Group Inc. (NASDAQ :OEG) Right Now?
Plus, the 36-month beta value for OEG is at 0.96. Opinions of the stock are interesting as 3 analysts out of 3 who provided ratings for Orbital Energy Group Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $14.50, which is $6.56 above the current price. OEG currently public float of 25.83M and currently shorts hold a 7.79% ratio of that float. Today, the average trading volume of OEG was 8.27M shares.
OEG’s Market Performance
OEG stocks went down by -18.06% for the week, with a monthly jump of 68.04% and a quarterly performance of 798.38%, while its annual performance rate touched 508.77%. The volatility ratio for the week stands at 15.37% while the volatility levels for the past 30 days are set at 18.50% for Orbital Energy Group Inc.. The simple moving average for the period of the last 20 days is -16.96% for OEG stocks with a simple moving average of 299.55% for the last 200 days.
Analysts’ Opinion of OEG
Many brokerage firms have already submitted their reports for OEG stocks, with Alliance Global Partners repeating the rating for OEG by listing it as a “Buy.” The predicted price for OEG in the upcoming period, according to Alliance Global Partners is $16.50 based on the research report published on February 22nd of the current year 2021.
B. Riley Securities, on the other hand, stated in their research note that they expect to see OEG reach a price target of $12, previously predicting the price at $4. The rating they have provided for OEG stocks is “Buy” according to the report published on February 10th, 2021.
OEG Trading at 45.19% from the 50-Day Moving Average
After a stumble in the market that brought OEG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.04% of loss for the given period.
Volatility was left at 18.50%, however, over the last 30 days, the volatility rate increased by 15.37%, as shares surge +38.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +402.90% upper at present.
During the last 5 trading sessions, OEG fell by -18.06%, which changed the moving average for the period of 200-days by +807.19% in comparison to the 20-day moving average, which settled at $8.45. In addition, Orbital Energy Group Inc. saw 216.89% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at OEG starting from FORD DANIEL NED, who purchase 10,000 shares at the price of $0.52 back on Sep 23. After this action, FORD DANIEL NED now owns 90,804 shares of Orbital Energy Group Inc., valued at $5,234 using the latest closing price.
ONEIL JAMES F, the Chief Executive Officer of Orbital Energy Group Inc., purchase 20,000 shares at $0.54 during a trade that took place back on Sep 17, which means that ONEIL JAMES F is holding 636,212 shares at $10,738 based on the most recent closing price.
Stock Fundamentals for OEG
Current profitability levels for the company are sitting at:
- -68.30 for the present operating margin
- +18.17 for the gross margin
The net margin for Orbital Energy Group Inc. stands at -58.00. The total capital return value is set at -32.60, while invested capital returns managed to touch -28.74. Equity return is now at value -46.90, with -22.70 for asset returns.
Based on Orbital Energy Group Inc. (OEG), the company’s capital structure generated 14.25 points at debt to equity in total, while total debt to capital is 12.48. Total debt to assets is 9.58, with long-term debt to equity ratio resting at 11.25. Finally, the long-term debt to capital ratio is 9.85.
When we switch over and look at the enterprise to sales, we see a ratio of 0.61, with the company’s debt to enterprise value settled at 0.43. The receivables turnover for the company is 1.95 and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.61.