Streetbeat News

OIG

Orbital Infrastructure Group Inc

https://www.orbitalenergygroup.com/

CEO

James O'Neil

Employees

Industry

Electromedical and Electrotherapeutic Apparatus Manufacturing

orbital energy group, inc. engages in the design, installation, and commissioning of industrial gas sampling, measurement, and delivery systems for energy, power, and processing markets in the united states and the united kingdom. it also provides engineering, construction, maintenance, and emergency response solutions to the power, utilities, and midstream markets; and engineering, procurement, and construction services in the renewable energy industry the company, formerly known as cui global, inc., was founded in 1998 and is based in houston, texas.

Open

0.50

Mkt cap

1.8M

Volume

592K

High

0.52

P/E Ratio

-0.01

52-wk high

34.24

Low

0.38

Div yield

N/A

52-wk low

0.38

During Thursday's pre-market session, several industrials stocks experienced significant movement. JE Cleantech Hldgs, Eos Energy Enterprises, Wheels Up Experience, Velo3D, Addentax Group, and Advent Technologies Hldgs saw gains, while Orbital Infr Gr, ATIF Holdings, Molekule Group, Graphex Gr, Heliogen, and VCI Global experienced losses.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 1:06 pm

Several stocks have shown significant movement in pre-market trading. Gainers include Bruush Oral Care Inc. (BRSH), Esports Entertainment Group, Inc. (GMBL), China SXT Pharmaceuticals, Inc. (SXTC), Hitek Global Inc. (HKIT), FOXO Technologies Inc. (FOXO), Guess?, Inc. (GES), Sigma Additive Solutions, Inc. (SASI), Splunk Inc. (SPLK), Lion Group Holding Ltd. (LGHL), and NVIDIA Corporation (NVDA). Losers include Societal CDMO, Inc. (SCTL), Orbital Infrastructure Group, Inc. (OIG), Momentus Inc. (MNTS), Petco Health and Wellness Company, Inc. (WOOF), LQR House Inc. (LQR), Graphex Group Limited (GRFX), AgileThought, Inc. (AGIL), Movado Group, Inc. (MOV), Kiora Pharmaceuticals, Inc. (KPRX), and Opera Limited (OPRA).

Portfolio Pulse from Lisa Levin

August 24, 2023 | 12:41 pm

Orbital Infrastructure Group Inc (NASDAQ:OIG) shares are plunging after the company and certain of its subsidiaries filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court. The filing excludes Front Line Power Construction (FLP) and Gibson Technical Services (GTS), which are being sold separately. The company has received commitments for two debtor-in-possession (DIP) financing credit agreements with the FLP Lenders and the GTS Lender, providing $15.0 million of incremental liquidity.

Portfolio Pulse from Shivani Kumaresan

August 24, 2023 | 9:59 am

Orbital Infrastructure has announced plans to initiate purchase contracts for Front Line Power Construction and Gibson Technical Services. However, the company has also filed for Chapter 11 bankruptcy protection.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 6:39 am

During Wednesday's intraday session, several industrials stocks experienced significant movements. Gainers included VCI Global (VCIG), TD Hldgs (GLG), Laser Photonics (LASE), Heliogen (HLGN), Graphex Gr (GRFX), and Toro (TORO). Losers included Orbital Infr Gr (OIG), Sidus Space (SIDU), Mega Matrix (MPU), 1847 Holdings (EFSH), Ultralife (ULBI), and Capstone Green Energy (CGRN).

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 5:31 pm

Several stocks experienced significant movement in Wednesday's mid-day session. AgileThought, VCI Global, iTeos Therapeutics, Apellis Pharmaceuticals, and MicroCloud Hologram were among the top gainers, with increases ranging from 34.4% to 85.5%. Notable losers included Bruush Oral Care, Foot Locker, Orbital Infrastructure Group, Ideanomics, and Sunlight Financial Holdings, with decreases ranging from 23.1% to 41.8%. Grab Holdings rose by 9% following better-than-expected Q2 earnings and a raised annual adjusted EBITDA outlook.

Portfolio Pulse from Lisa Levin

August 23, 2023 | 5:02 pm

Orbital Infrastructure has received a Nasdaq delinquency letter due to the late filing of its quarterly report, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 4:48 pm

During Wednesday's pre-market session, several industrials stocks experienced significant movement. Gainers included VCI Global, Heliogen, Nuburu, SES AI, Astra Space, and Dycom Industries, with increases ranging from 6.88% to 42.8%. Losers included Orbital Infr Gr, Sidus Space, Freight Technologies, Dragonfly Energy Hldgs, Agrify, and Electriq Power Holdings, with decreases ranging from 5.2% to 12.3%.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 1:06 pm

Orbital Infrastructure has received a delinquency letter from Nasdaq due to the late filing of its quarterly report on Form 10-Q.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 11:36 am

During Tuesday's intraday session, several industrial stocks experienced significant movements. Ultralife, Matrix Service, Laser Photonics, ESS Tech, 1847 Holdings, and Broadwind saw their shares rise by 22.4%, 19.56%, 16.34%, 15.61%, 15.38%, and 13.11% respectively. On the other hand, SOS, Orbital Infr Gr, Dragonfly Energy Hldgs, Ault Alliance, Greenwave Tech Solns, and CEA Industries saw their shares fall by 32.6%, 16.93%, 16.92%, 12.25%, 10.55%, and 10.25% respectively.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 5:31 pm

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