Orbital Energy Group Inc. (NASDAQ:OEG) finished Wednesday with an addition of $0.03 to close at $2.97, an upside of 1.02 percent. An average of 1,481,160 shares of common stock have been traded in the last five days. There was a gain of $0.17 in the past week. The last 20 days have seen an average of 2,388,965 shares traded, while the 50-day average volume stands at 2,229,888.
OEG stock has decreased by -4.81% in the last month. The company shares reached their 1-month lowest point of $2.73 on 10/06/21. With the stock rallying to its 52-week high on 01/27/21, shares of the company touched a low of $0.65 and a high of $11.20 in 52 weeks. In spite of this, the price is down -73.48% from the 52-week high.
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
Orbital Energy Group Inc. (OEG) has a trailing price-to-earnings (P/E) ratio of 17.20 for the broader industry and 23.32 for the sector. The stock’s beta is 0.89. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.75, the price-to-book (PB) ratio at 2.63.
The quick ratio of Orbital Energy Group Inc. for the three months ended June 29 was 0.70, and the current ratio was 0.70, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.21 and a total debt to equity ratio of 0.65 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 6.00% against a 5-year average of 24.9%. Orbital Energy Group Inc.’s EBITDA margin for the year ending June 29 is -61.21%, while its operating margin for the same period stands at -95.60%. Its gross profit as reported stood at $7.1 million compared to revenue of $38.41 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Orbital Energy Group Inc.’s return on assets was -40.20%, compared to -17.9% over the last five years. In the past year, the return on investment has been -72.70%, and the 5-year average is -25.2%. Meanwhile, the return on equity (ROE) for the past 12 months has been -102.40% and the 5-year average holds at -33.2%. For the broader industry, ROE averaged 9.87 over the past year.
The analyst consensus anticipated Orbital Energy Group Inc.’s latest quarter earnings to come in at -$0.11 per share, but it turned out to be -$0.16, a -45.50% surprise. For the quarter, EBITDA amounted to -$15.24 million. Shareholders own equity worth $65.26 million.
From a technical analysis perspective, let’s take a brief look at Orbital Energy Group Inc. (OEG) price momentum. RSI 9-day as of the close on 13 October was 49.50%, suggesting the stock is Neutral, with historical volatility in this time frame at 40.30%.
As of today, OEG’s price is $2.88 +6.07% or $0.17 from its 5-day moving average. OEG is currently trading -4.19% lower than its 20-day SMA and -11.61% lower than its 100-day SMA. However, the stock’s current price level is -15.14% below the SMA50 and +36.87% above the SMA200.
The stochastic %K and %D were 25.32% and 19.70%, respectively, and the average true range (ATR) was 0.18. With the 14-day stochastic at 34.29% and the average true range at 0.19, the RSI (14) stands at 46.76%. The stock has reached 0.02 on the 9-day MACD Oscillator while the 14-day reading was at -0.06.
The consensus rating for Orbital Energy Group Inc. (OEG) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell OEG, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 2 others rate it as a “buy”.
What is OEG’s price target for the next 12 months?
Analysts predict a range of price targets between $10.00 and $11.40, with a median target of $10.70. Taking a look at these predictions, the average price target given by analysts for Orbital Energy Group Inc. (OEG) stock is $10.70.