Market cap of Orbital Energy Group Inc. [OEG] reaches 24.49M – now what?

Orbital Energy Group Inc. [NASDAQ: OEG] jumped around 0.08 points on Friday, while shares priced at $0.88 at the close of the session, up 9.65%. The company report on November 6, 2020 that Orbital Energy Schedules Third Quarter 2020 Financial Results Conference Call for Monday, November 16, 2020 at 8:30 am ET.

Orbital Energy Group, Inc. (Nasdaq: OEG) (“Orbital Energy” or the “Company”) today announced that it will hold a conference call to discuss financial results for the third quarter ended September 30, 2020 before market open on Monday, November 16, 2020.

Orbital Energy Vice Chairman and CEO Jim O’Neil and CFO Daniel Ford will host the call. The conference call and webcast will be held, Monday, November 16, 2020, at 8:30 am ET. To access the call, please dial (888) 734-0328 or (678) 894-3054 and provide conference ID 6598596. A live webcast of the conference call and accompanying slide presentation can be accessed via the Investor Relations/Events & Presentations section of the Orbital Energy website.

Orbital Energy Group Inc. stock is now -19.85% down from its year-to-date (YTD) trading value. OEG Stock saw the intraday high of $0.90 and lowest of $0.81 per share. The company’s 52-week high price is 1.32, which means current price is +95.61% above from all time high which was touched on 01/21/20.

Compared to the average trading volume of 2.58M shares, OEG reached a trading volume of 2517325 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Orbital Energy Group Inc. [OEG]?

The Average True Range (ATR) for Orbital Energy Group Inc. is set at 0.12, with the Price to Sales ratio for OEG stock in the period of the last 12 months amounting to 0.97. The Price to Book ratio for the last quarter was 0.96, with the Price to Cash per share for the same quarter was set at 0.16.

How has OEG stock performed recently?

Orbital Energy Group Inc. [OEG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.23. With this latest performance, OEG shares gained by 21.62% in over the last four-week period, additionally plugging by 19.95% over the last 6 months – not to mention a drop of -4.17% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OEG stock in for the last two-week period is set at 59.63, with the RSI for the last a single of trading hit 63.11, and the three-weeks RSI is set at 57.52 for Orbital Energy Group Inc. [OEG]. The present Moving Average for the last 50 days of trading for this stock 0.6936, while it was recorded at 0.8312 for the last single week of trading, and 0.7360 for the last 200 days.

Orbital Energy Group Inc. [OEG]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Orbital Energy Group Inc. [OEG] shares currently have an operating margin of -68.30 and a Gross Margin at +18.17. Orbital Energy Group Inc.’s Net Margin is presently recorded at -58.00.

Return on Total Capital for OEG is now -32.60, given the latest momentum, and Return on Invested Capital for the company is -28.74. Return on Equity for this stock declined to -32.19, with Return on Assets sitting at -20.15. When it comes to the capital structure of this company, Orbital Energy Group Inc. [OEG] has a Total Debt to Total Equity ratio set at 14.25. Additionally, OEG Total Debt to Total Capital is recorded at 12.48, with Total Debt to Total Assets ending up at 9.58. Long-Term Debt to Equity for the company is recorded at 11.25, with the Long-Term Debt to Total Capital now at 9.85.

Reflecting on the efficiency of the workforce at the company, Orbital Energy Group Inc. [OEG] managed to generate an average of -$53,019 per employee. Receivables Turnover for the company is 1.95 with a Total Asset Turnover recorded at a value of 0.35.Orbital Energy Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.

Earnings analysis for Orbital Energy Group Inc. [OEG]

With the latest financial reports released by the company, Orbital Energy Group Inc. posted -0.01/share EPS, while the average EPS was predicted by analysts to be reported at -0.04/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 75.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OEG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Orbital Energy Group Inc. go to 25.00%.

Insider trade positions for Orbital Energy Group Inc. [OEG]

There are presently around $9 million, or 33.40% of OEG stock, in the hands of institutional investors. The top three institutional holders of OEG stocks are: BLEICHROEDER LP with ownership of 3,700,542, which is approximately 0% of the company’s market cap and around 2.90% of the total institutional ownership; VANGUARD GROUP INC, holding 1,067,178 shares of the stock with an approximate value of $0.94 million in OEG stocks shares; and HEARTLAND ADVISORS INC, currently with $0.9 million in OEG stock with ownership of nearly -28.269% of the company’s market capitalization.

Positions in Orbital Energy Group Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 5 institutional holders increased their position in Orbital Energy Group Inc. [NASDAQ:OEG] by around 157,169 shares. Additionally, 8 investors decreased positions by around 662,049 shares, while 13 investors held positions by with 8,921,582 shares. The mentioned changes placed institutional holdings at 9,740,800 shares, according to the latest SEC report filing. OEG stock had 2 new institutional investments in for a total of 45,083 shares, while 1 institutional investors sold positions of 11,000 shares during the same period.

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