The stock has a 36-month beta value of 0.83. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ORN is 35.76M, and at present, short sellers hold a 4.91% of that float. On September 25, 2024, the average trading volume of ORN was 563.11K shares.
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
ORN) stock’s latest price update
Orion Group Holdings Inc (NYSE: ORN)’s stock price has gone decline by -7.31 in comparison to its previous close of 6.02, however, the company has experienced a -14.15% decrease in its stock price over the last five trading days. globenewswire.com reported 2024-09-20 that ORION CORPORATION STOCK EXCHANGE RELEASE – OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE20 SEPTEMBER 2024 at 9.30 EEST
ORN’s Market Performance
Orion Group Holdings Inc (ORN) has seen a -14.15% fall in stock performance for the week, with a -28.83% decline in the past month and a -35.27% plunge in the past quarter. The volatility ratio for the week is 7.94%, and the volatility levels for the past 30 days are at 6.17% for ORN. The simple moving average for the past 20 days is -16.75% for ORN’s stock, with a -25.42% simple moving average for the past 200 days.
Analysts’ Opinion of ORN
Many brokerage firms have already submitted their reports for ORN stocks, with Craig Hallum repeating the rating for ORN by listing it as a “Buy.” The predicted price for ORN in the upcoming period, according to Craig Hallum is $14 based on the research report published on May 14, 2024 of the current year 2024.
B. Riley Securities, on the other hand, stated in their research note that they expect to see ORN reach a price target of $3, previously predicting the price at $5. The rating they have provided for ORN stocks is “Buy” according to the report published on July 28th, 2023.
B. Riley Securities gave a rating of “Neutral” to ORN, setting the target price at $5.50 in the report published on July 30th of the previous year.
ORN Trading at -27.92% from the 50-Day Moving Average
After a stumble in the market that brought ORN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.96% of loss for the given period.
Volatility was left at 6.17%, however, over the last 30 days, the volatility rate increased by 7.94%, as shares sank -30.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.51% lower at present.
During the last 5 trading sessions, ORN fell by -14.15%, which changed the moving average for the period of 200-days by +28.28% in comparison to the 20-day moving average, which settled at $6.58. In addition, Orion Group Holdings Inc saw 12.96% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ORN starting from Boone Travis J, who purchase 4,120 shares at the price of $6.00 back on Sep 13 ’24. After this action, Boone Travis J now owns 437,299 shares of Orion Group Holdings Inc, valued at $24,741 using the latest closing price.
Earle Edward Chipman, the EVP & GENERAL COUNSEL of Orion Group Holdings Inc, purchase 15,633 shares at $6.05 during a trade that took place back on Sep 13 ’24, which means that Earle Edward Chipman is holding 86,235 shares at $94,580 based on the most recent closing price.
Stock Fundamentals for ORN
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.1 for the gross margin
The net margin for Orion Group Holdings Inc stands at -0.02. The total capital return value is set at 0.01. Equity return is now at value -14.91, with -4.52 for asset returns.
Based on Orion Group Holdings Inc (ORN), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at -0.11. The debt to equity ratio resting at 0.72. The interest coverage ratio of the stock is 0.14.
Currently, EBITDA for the company is 22.45 million with net debt to EBITDA at 3.47. When we switch over and look at the enterprise to sales, we see a ratio of 0.45. The receivables turnover for the company is 2.93for trailing twelve months and the total asset turnover is 1.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.
Conclusion
To sum up, Orion Group Holdings Inc (ORN) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
