InvestorsObserver is giving Orion Group Holdings Inc (ORN) an Analyst Rating Rank of 28, meaning ORN is ranked higher by analysts than 28% of stocks. The average price target for ORN is $6.437 and analyst’s rate the stock as a Buy.
Wall Street analysts are rating ORN a Buy today. Find out what this means to you and get the rest of the rankings on ORN!
Why are Analyst Ratings Important?
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions **before** a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Orion Group Holdings Inc Stock Today?
Orion Group Holdings Inc (ORN) stock is trading at $3.90 as of 1:58 PM on Thursday, Dec 23, a gain of $0.19, or 5.12% from the previous closing price of $3.71. The stock has traded between $3.70 and $3.92 so far today. Volume today is above average. So far 387,367 shares have traded compared to average volume of 142,068 shares.
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