WE will ignore the analysts whom himself has a very low rating and look from technical perspective. The stock has made a nice 60% gain in a very short space of time from what was avery low base. This still does offer a nice reversal trade opportunity if conditions remain positive. we are of the opinion that a break above the 100ma and $3.05 resistance could lead to a quick run to $4.20.
ANALYSTS UPGRADES Noble Financial analyst Poe Fratt maintained a Buy rating on Orion Group Holdings (ORN) on June 28 and set a price target of $520. The company’s shares closed yesterday at $2.61, close to its 52-week low of $1.80.(REALLY)
In a report released today, Salim Syed from Mizuho Securities maintained a Buy rating on Orion Group Holdings (ORN), with a price target of $7.10. The company’s shares closed yesterday at $2.61, close to its 52-week low of $1.80.
COMPANY PROFILE Orion Group Holdings, Inc. engages in the provision of specialty construction services in the building, industrial, and infrastructure sectors. It operates through the Marine and Concrete segments. The Marine segment includes the restoration, maintenance, dredging, and repair of marine transportation facilities; pipelines, bridges, and causeways; and environmental structures. The Concrete segment involves cement pouring for products such as columns, elevated beams, sidewalks, ramps, and tilt walls. The company was founded in 1994 and is headquartered in Houston, TX.
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