Orbit Garant Drilling Third Quarter 2024 Earnings EPS CA0.05 - Simply Wall St
| OGD Stock | CAD 1.06 0.04 3.64% |
About 62% of Orbit Garant's investor base is looking to short. The current sentiment regarding investing in Orbit Garant Drilling stock implies that many traders are alarmed. Orbit Garant's investing sentiment overview a quick insight into current market opportunities from investing in Orbit Garant Drilling. Many technical investors use Orbit Garant Drilling stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Orbit |
Orbit Garant Drilling Third Quarter 2024 Earnings EPS CA0.05 Simply Wall St
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Orbit Garant Fundamental Analysis
We analyze Orbit Garant's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Orbit Garant using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Orbit Garant based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Earnings Per Share
Earnings Per Share Comparative Analysis
Orbit Garant is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Orbit Garant Drilling Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Orbit Garant stock to make a market-neutral strategy. Peer analysis of Orbit Garant could also be used in its relative valuation, which is a method of valuing Orbit Garant by comparing valuation metrics with similar companies.
Peers
Orbit Garant Related Equities
| BRY | Bri Chem | 6.25 | ||||
| FAR | Foraco International | 0.53 | ||||
| MDI | Major Drilling | 0.62 | ||||
| MCB | Mccoy Global | 2.86 | ||||
| GEO | Geodrill | 3.88 |
Other Information on Investing in Orbit Stock
Orbit Garant financial ratios help investors to determine whether Orbit Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Orbit with respect to the benefits of owning Orbit Garant security.