Stock FAQs

why is oeg stock down today

by Mrs. Roselyn Wilderman IV Published 3 years ago Updated 2 years ago
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Is OEG stock up 70% today?

Currently, OEG stock is up more than 70% at the time of writing. This move comes on extremely heavy volume. More than 160 million shares have traded hands thus far. This compares with an average daily volume of less than 2 million shares.

How can I get the latest news and ratings on OEG?

Sign up to receive the latest news and ratings for OEG and its competitors with MarketBeat's FREE daily newsletter. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Who bought orbital energy Group (OEG) stock?

OEG stock was purchased by a variety of institutional investors in the last quarter, including National Bank of Canada FI. Company insiders that have bought Orbital Energy Group stock in the last two years include Daniel Ned Ford, James F Oneil, and William J Clough.

Can investors thank President Joe Biden for this deal with OEG?

It appears that investors in OEG stock can partly thank President Joe Biden for this win. This deal is being privately funded by TEC capital, but with assistance from the federal government. The Rural Digital Opportunity Fund (RDOF) is partially funding this rural fiber buildout.

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What is going on with orbital energy?

Orbital Energy Group, Inc. (NASDAQ: OEG) ("Orbital") has reached an agreement in principle with the Front Line Power Construction, LLC ("Front Line") Sellers to pay $20,000,000 in exchange for an extension of the remaining sums due under the recently announced Amendment No. 2 until December 31, 2022.

Is orbital energy stock a good buy?

Orbital Energy Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Is OEG being shorted?

Short Shares Availability This table shows the number of shares of US:OEG available to be shorted at a leading prime brokerage.

Is OEG a buy Zacks?

The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows

Is orbital energy profitable?

Consensus from 2 of the American Construction analysts is that Orbital Energy Group is on the verge of breakeven. They expect the company to post a final loss in 2022, before turning a profit of US$8.3m in 2023. Therefore, the company is expected to breakeven just over a year from now.

Why is OEG up?

OEG is developing a diversified energy infrastructure services platform. In the nine months ended September 30, 2021, the company reported 110% more revenue than that in the same period in 2020. Management is making these figures thanks to inorganic and organic growth.

What is the most shorted stock right now?

Most Shorted StocksSymbol SymbolCompany NameFloat Shorted (%)RDBX RDBXRedbox Entertainment Inc.46.23%PMVP PMVPPMV Pharmaceuticals Inc.42.64%FUV FUVArcimoto Inc.42.04%CONN CONNConn's Inc.41.78%42 more rows

What are the most heavily shorted stocks?

Citi Trends, Inc. Beyond Meat, Inc. Heron Therapeutics, Inc.

How do you find heavily shorted stocks?

For general shorting information about a company's stock, you can usually go to any website with a stock quote service. For more specific short interest info, you would have to go to the stock exchange where the company is listed.

Is OEG overvalued?

Limited growth and overvalued.

Is Orbital Energy Group a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Orbital Energy Group in the last year. There are currently 2 buy...

When is Orbital Energy Group's next earnings date?

Orbital Energy Group is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022. View our earnings forecast for...

How were Orbital Energy Group's earnings last quarter?

Orbital Energy Group, Inc. (NASDAQ:OEG) released its earnings results on Wednesday, March, 30th. The company reported ($0.21) earnings per share (E...

What guidance has Orbital Energy Group issued on next quarter's earnings?

Orbital Energy Group issued an update on its FY 2022 earnings guidance on Monday, May, 23rd. The company provided earnings per share (EPS) guidance...

What price target have analysts set for OEG?

2 brokerages have issued 12-month price targets for Orbital Energy Group's stock. Their forecasts range from $12.00 to $12.00. On average, they exp...

Who are Orbital Energy Group's key executives?

Orbital Energy Group's management team includes the following people: Mr. William J. Clough Esq. , Exec. Chairman, Pres & Chief Legal Officer (A...

Who are some of Orbital Energy Group's key competitors?

Some companies that are related to Orbital Energy Group include VOXX International (VOXX) , Richardson Electronics (RELL) , EACO (EACO) , TESSC...

What other stocks do shareholders of Orbital Energy Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Orbital Energy Group investors own include Walmart (WMT) ,...

What is Orbital Energy Group's stock symbol?

Orbital Energy Group trades on the NASDAQ under the ticker symbol "OEG."

What is the OEG?

What is OEG in the ACC?

Orbital Energy Group, Inc. (NASDAQ: OEG) ("OEG" or "Company") today announced the completion of its previously announced acquisition of 100% of the capital stock of Gibson Technical Services, Inc. ("GTS"), an Atlanta-based telecommunications company providing diversified telecommunications services nationally since 1990, effective April 13, 2021.

When will OEG join the Russell Microcap?

Orbital Energy Group, Inc. (NASDAQ: OEG) ("OEG") today announced that its telecommunications subsidiary, Gibson Technical Services ("GTS"), has been awarded a project by a major U.S. cellular carrier to install a distributed antennae system (DAS) in a large Atlantic Athletic Conference (ACC) university stadium.

When will orbital energy open?

Orbital Energy Group, Inc. (NASDAQ: OEG) ("OEG") today announced that it is set to join the Russell Microcap® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, 2021, according to a preliminary list of additions published by the FTSE Russell on June 4, 2021.

WealthTrust Axiom LLC Buys Universal Health Realty Income Trust, ViacomCBS Inc, Ternium SA, ..

(Nasdaq: OEG) ("Orbital Energy" or the "Company") today announced that it will hold a conference call to discuss financial results for the first quarter ended March 31, 2021 before market open on Monday, May 17, 2021.

AWM Investment Company, Inc. Buys Destination XL Group Inc, LiqTech International Inc, Gambling. ..

Radnor, PA, based Investment company WealthTrust Axiom LLC (Current Portfolio) buys Universal Health Realty Income Trust, ViacomCBS Inc, Ternium SA, Silicon Motion Technology Corp, Anheuser-Busch InBev SA/NV, sells Monmouth Real Estate Investment Corp, Unisys Corp, Medtronic PLC, Southwest Airlines Co, during the 3-months ended 2021Q4, according to the most recent filings of the investment company, WealthTrust Axiom LLC..

How much money does orbital energy have in 2021?

New York, NY, based Investment company AWM Investment Company, Inc.

Does Travis Hoium have a position in any of the stocks mentioned?

Orbital Energy may just need the company to survive after reporting an $18 million loss in the first quarter of 2021 and having just $34.9 million in cash on the balance sheet.

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