There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Orbital Infrastructure Group Inc. (OIG) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.018, or -3.29%, to $0.529. Volume reached 3,290 shares, with price reaching a high of $0.54 and a low of $0.51. The stock was recently discussed on Yahoo Finance as it revealed that Orbital Infrastructure Group Awarded a Multi-Year Electric Distribution Reconductor and Pole Replacement Project.
As a NASDAQ listed company, OIG falls under the Industrials sector while operating within the Engineering & Construction industry segment. At the end of the last regular session, the stock closed at $0.53 and fluctuated between $0.5570 as its day high and $0.4852 as its day low. The current market capitalization of Orbital Infrastructure Group Inc. is $63.57M. A total of 1.53 million shares were traded on the day, compared to an average of 1.51M shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, OIG has seen 6 BUY and 0 SELL insider trades, representing the acquisition of 119,046 and the disposition of 0 shares. Over the last 12 months, there were 33 BUYs and 1 SELLs from insiders. Insiders purchased 1,329,636 shares during that period but sold 75,000.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for OIG in the last 3 months, the mean price target is $4.00 with high estimates of $4.00 and low estimates of $4.00. In terms of 52-week highs and lows, OIG has a high of $3.45 and a low of $0.51.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 1 analysts are providing their opinions on the stock. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.