ORN
Orion Group Holdings, Inc. Industrials - Engineering & Construction Investor Relations →
Orion Group Holdings, Inc. (ORN) closed at $10.39 as of 2026-03-20, trading 70.0% above its 200-week moving average of $6.11. The stock moved further from the line this week, up from 69.1% last week. The 14-week RSI sits at 48, indicating neutral momentum.
Trading volume is running at 1.8x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.82 ratio) is neutral — neither side is clearly dominating.
Over the past 904 weeks of data, ORN has crossed below its 200-week moving average 14 times. On average, these episodes lasted 38 weeks. The average one-year return after crossing below was -10.6%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $416 million, ORN is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 1.6%. The stock trades at 2.6x book value.
Share count has increased 24.5% over three years, indicating dilution.
Over the past 17.4 years, a hypothetical investment of $100 in ORN would have grown to $136, compared to $992 for the S&P 500. ORN has returned 1.8% annualized vs 14.1% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: ORN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ORN Crosses Below the Line?
Across 14 historical episodes, buying ORN when it crossed below its 200-week moving average produced an average return of -12.0% after 12 months (median -25.0%), compared to +12.0% for the S&P 500 over the same periods. 21% of those episodes were profitable after one year. After 24 months, the average return was -16.1% vs +24.1% for the index.
Each line shows $100 invested at the moment ORN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ORN has crossed below its 200-week MA 14 times with an average 1-year return of +-10.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 2008 | Mar 2009 | 16 | 35.9% | +147.1% | +35.8% |
| May 2010 | May 2010 | 1 | 4.4% | -27.1% | -27.7% |
| Jun 2010 | Nov 2010 | 22 | 25.4% | -25.2% | -20.5% |
| Dec 2010 | May 2013 | 124 | 61.3% | -39.3% | -6.9% |
| Jun 2013 | Jun 2013 | 1 | 1.0% | -0.4% | -6.9% |
| Jul 2013 | Sep 2013 | 9 | 12.5% | -1.5% | -1.1% |
| Oct 2014 | Oct 2014 | 1 | 6.5% | -36.7% | +18.9% |
| Jan 2015 | Feb 2015 | 1 | 1.2% | -60.5% | +13.8% |
| Mar 2015 | Nov 2016 | 88 | 62.0% | -57.4% | +18.5% |
| Mar 2017 | Jan 2018 | 44 | 35.1% | -18.5% | +24.3% |
| Jan 2018 | May 2018 | 15 | 16.7% | -42.4% | +46.3% |
| Oct 2018 | Jan 2021 | 119 | 69.3% | -37.8% | +55.1% |
| Oct 2021 | Jul 2023 | 93 | 52.9% | -46.8% | +123.0% |
| Aug 2023 | Aug 2023 | 2 | 10.1% | +98.0% | +194.3% |
| Average | 38 | — | +-10.6% | — |
Frequently Asked Questions
Is ORN below its 200-week moving average?
No. Orion Group Holdings, Inc. (ORN) is currently 70.0% above its 200-week moving average of $6.11. It would need to fall to $6.11 to cross below the line.
What is ORN's 200-week moving average price?
Orion Group Holdings, Inc.'s 200-week moving average is $6.11 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when ORN drops below its 200-week moving average?
ORN has crossed below its 200-week moving average 14 times in our data. The average one-year return after these crossings was -10.6%, meaning the dips were not reliable buying signals for this particular stock. These episodes lasted 38 weeks on average.
Is ORN a good value right now?
Here's what our data says about ORN as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 48. Free cash flow is currently negative. Return on equity is 1.6%. Price-to-book is 2.6x. This is not a buy or sell recommendation — always do your own research.
How does ORN compare to the S&P 500?
Over the past 17.4 years, $100 invested in ORN would have grown to $136, compared to $992 for the S&P 500. That's 1.8% annualized vs 14.1% for the index. ORN has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20