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Orbital Energy Group Inc. (NASDAQ:OEG): A Fundamentally Weighted Stock for Long-Term Investors

Orbital Energy Group Inc. (NASDAQ:OEG) shares traded lower over the last trading session, losing 0.00% on 05/11/21. The shares fell to a low of $3.13 before closing at $3.46. Intraday shares traded counted 1.23 million, which was 52.13% higher than its 30-day average trading volume of 2.56M. OEG’s previous close was $3.46 while the outstanding shares total 46.57M. The firm has a beta of 0.91. The stock’s Relative Strength Index (RSI) is 30.41, with weekly volatility at 8.89% and ATR at 0.34. The OEG stock’s 52-week price range has touched low of $0.45 and a $11.20 high.

Investors have identified the Utilities – Diversified company Orbital Energy Group Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $159.58 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Orbital Energy Group Inc. (OEG) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For OEG, the company has in raw cash 3.5 million on their books with 0.44 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 24.8 million total, with 37.08 million as their total liabilities.

Having a look at the company’s valuation, the company is expected to record 0.82 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on OEG sounds very interesting.

Is the stock of OEG attractive?

In related news, CFO, FORD DANIEL NED bought 10,000 shares of the company’s stock in a transaction that recorded on Sep 23. The purchase was performed at an average price of 0.52, for a total value of 5,234. As the purchase deal closes, the Chief Executive Officer, ONEIL JAMES F now bought 20,000 shares of the company’s stock, valued at 10,738. Also, Exec Chairman and Gen Counsel, CLOUGH WILLIAM J bought 25,000 shares of the company’s stock in a deal that was recorded on Sep 04. The shares were cost at an average price of 0.49 per share, with a total market value of 12,150. Following this completion of disposal, the Chief Executive Officer, ONEIL JAMES F now holds 20,000 shares of the company’s stock, valued at 10,206. In the last 6 months, insiders have changed their ownership in shares of company stock by 3.70%.

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