In a filing, Orion Group Holdings Inc revealed its Director Smith Quentin P. Jr. acquired Company’s shares for reported $10430.0 on May 02 ’24. In the deal valued at $7.45 per share,1,400 shares were bought. As a result of this transaction, Smith Quentin P. Jr. now holds 78,678 shares worth roughly $0.6 million.
Then, Thanisch Gordon Scott bought 4,000 shares, generating $28,480 in total proceeds. Upon buying the shares at $7.12, the EVP AND CFO now owns 167,811 shares.
Before that, Boone Travis J bought 2,160 shares. Orion Group Holdings Inc shares valued at $15,066 were divested by the PRESIDENT & CEO at a price of $6.97 per share. As a result of the transaction, Boone Travis J now holds 485,019 shares, worth roughly $3.71 million.
B. Riley Securities upgraded its Orion Group Holdings Inc [ORN] rating to a Buy from a a Neutral in a research note published on July 28, 2023; the price target was decreased to $3 from $5. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who decreased its forecast for the stock in late July from “a Buy” to “a Neutral”. B. Riley Securities also remained covering ORN and has decreased its forecast on July 30, 2021 with a “Neutral” recommendation from previously “Buy” rating. B. Riley FBR revised its rating on July 08, 2019. It rated ORN as “a Buy” which previously was an “a Neutral”.
Price Performance Review of ORN
On Tuesday, Orion Group Holdings Inc [NYSE:ORN] saw its stock fall -2.17% to $7.65. Over the last five days, the stock has gained 7.59%. Orion Group Holdings Inc shares have risen nearly 54.86% since the year began. Nevertheless, the stocks have risen 193.10% over the past one year. While a 52-week high of $9.84 was reached on 03/25/24, a 52-week low of $2.38 was recorded on 01/08/24. SMA at 50 days reached $7.99, while 200 days put it at $5.65. A total of 0.3 million shares were traded, compared to the trading of 0.26 million shares in the previous session.
Levels Of Support And Resistance For ORN Stock
The 24-hour chart illustrates a support level at 7.53, which if violated will result in even more drops to 7.41. On the upside, there is a resistance level at 7.85. A further resistance level may holdings at 8.05. The Relative Strength Index (RSI) on the 14-day chart is 48.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.85%. Stochastics %K at 71.15% indicates the stock is a holding.
