Favorable Press Coverage Somewhat Unlikely to Affect Orion Group (ORN) Share Price
News headlines about Orion Group (NYSE:ORN) have trended positive this week, Accern reports. The research group identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Orion Group earned a coverage optimism score of 0.37 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 46.5553297916794 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Orion Group (ORN) traded down $0.14 during mid-day trading on Friday, reaching $7.77. The company had a trading volume of 35,413 shares, compared to its average volume of 126,998. Orion Group has a one year low of $5.17 and a one year high of $11.11. The company has a current ratio of 1.49, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. The company has a market cap of $223.06, a price-to-earnings ratio of -13.87 and a beta of 1.32.
Orion Group (NYSE:ORN) last posted its quarterly earnings data on Wednesday, November 8th. The construction company reported ($0.18) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.25). Orion Group had a negative net margin of 2.76% and a negative return on equity of 2.96%. The company had revenue of $140.20 million for the quarter, compared to the consensus estimate of $166.08 million. During the same period last year, the business earned $0.17 EPS. The firm’s quarterly revenue was down 14.5% on a year-over-year basis. equities research analysts predict that Orion Group will post -0.25 earnings per share for the current year.
In other Orion Group news, Director Austin J. Shanfelter sold 9,721 shares of the stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $7.50, for a total transaction of $72,907.50. Following the sale, the director now directly owns 31,430 shares in the company, valued at approximately $235,725. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Mark R. Stauffer sold 20,000 shares of the stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $7.56, for a total value of $151,200.00. Following the sale, the insider now owns 362,631 shares in the company, valued at $2,741,490.36. The disclosure for this sale can be found here. 8.00% of the stock is owned by company insiders.
ILLEGAL ACTIVITY WARNING: This piece was originally posted by Daily Political and is the property of of Daily Political. If you are viewing this piece on another domain, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece can be accessed at https://www.dailypolitical.com/2017/12/24/favorable-press-coverage-somewhat-unlikely-to-affect-orion-group-orn-share-price.html.
Orion Group Company Profile
Orion Group Holdings, Inc, formerly Orion Marine Group, Inc, is engaged in heavy civil construction project management business. The Company specializes in marine construction. It provides a range of heavy civil marine construction services to federal agencies, state and municipal governments, and private commercial and industrial customers.
Receive News & Ratings for Orion Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orion Group and related companies with MarketBeat.com's FREE daily email newsletter.