Orion Marine Group Stock Gaps Down On Today's Open (ORN)

NEW YORK ( TheStreet) -- Shares of Orion Marine Group (NYSE: ORN) were gapping down Thursday morning with an open price 12.3% lower than Wednesday's closing price. The stock closed at $7.97 Wednesday and opened today's trading at $6.99.

The average volume for Orion Marine Group has been 236,500 shares per day over the past 30 days. Orion Marine Group has a market cap of $213.1 million and is part of the industrial goods sector and materials & construction industry. Shares are down 31.3% year to date as of the close of trading on Wednesday.

Orion Marine Group, Inc. operates as a marine specialty contractor serving the heavy civil marine infrastructure market. The company has a P/E ratio of 11.4, equal to the average materials & construction industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Orion Marine Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Orion Marine Group Ratings Report.

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