Orion Marine Group (ORN) Drops 6.07% on December 30

Equities Staff |

Orion Marine Group (ORN) was one of the Russell 2000's biggest losers for Wednesday December 30 as the stock slid 6.07% to $4.33, a loss of $-0.28 per share. Starting at an opening price of $4.58 a share, the stock traded between $4.28 and $4.65 over the course of the trading day. Volume was 51,964 shares over 382 trades, against an average daily volume of 223,343 shares and a total float of 27.28 million.

The losses send Orion Marine Group down to a market cap of $118.13 million. In the last year, Orion Marine Group has traded between $11.32 and $3.55, and its 50-day SMA is currently $4.10 and 200-day SMA is $6.65.

Orion Marine Group Inc is engaged in civil construction and project management business. It provides civil marine construction services to federal agencies, state and municipal governments and private commercial and industrial customers.

Orion Marine Group is based out of Houston, TX and has some 1,200 employees. Its CEO is Mark R. Stauffer.

For a complete fundamental analysis analysis of Orion Marine Group, check out Equities.com’s Stock Valuation Analysis report for ORN. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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