Orion Group Holdings, Inc. (NYSE:ORN - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $7.24 and traded as high as $9.64. Orion Group shares last traded at $9.29, with a volume of 1,320,856 shares.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on the company. DA Davidson started coverage on Orion Group in a research report on Friday, January 17th. They set a "buy" rating and a $11.00 price objective for the company. StockNews.com raised Orion Group from a "hold" rating to a "buy" rating in a research report on Friday, November 1st.
Check Out Our Latest Research Report on ORN
Orion Group Price Performance
The company has a current ratio of 1.35, a quick ratio of 1.33 and a debt-to-equity ratio of 0.24. The firm has a market cap of $307.70 million, a price-to-earnings ratio of -19.77, a price-to-earnings-growth ratio of 1.18 and a beta of 0.93. The stock has a 50-day moving average of $7.82 and a two-hundred day moving average of $7.25.
Institutional Investors Weigh In On Orion Group
Institutional investors have recently bought and sold shares of the business. Heck Capital Advisors LLC acquired a new stake in Orion Group during the 4th quarter worth about $49,000. Quarry LP acquired a new stake in Orion Group during the 4th quarter worth about $52,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in Orion Group by 1,936.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 9,428 shares of the construction company's stock worth $69,000 after acquiring an additional 8,965 shares during the period. Perritt Capital Management Inc acquired a new stake in Orion Group during the 4th quarter worth about $73,000. Finally, Aigen Investment Management LP acquired a new stake in Orion Group during the 4th quarter worth about $80,000. 70.25% of the stock is currently owned by institutional investors and hedge funds.
About Orion Group
(
Get Free Report)
Orion Group Holdings, Inc operates as a specialty construction company in the building, industrial, and infrastructure sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin. It operates in two segments, Marine and Concrete. The company provides marine construction services, including construction, restoration, dredging, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures.
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