Orangekloud Technology Inc (NASDAQ: ORKT) Now $3.54 Higher From Its Low (1.05), Does It Still Have A Growth Story?

Orangekloud Technology Inc (NASDAQ:ORKT) currently has a daily average trading volume of 370.19K but it saw 2843442 shares traded in last market. With a market cap of 106.30M USD, the company’s current market price of $4.59 came rising about 4.91 while comparing to the previous closing price of $4.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.50 and as low as $3.54. In the recent trading on the day, stock has struck highest price mark of $4.45 while lowest mark touched by it was $4.89.

Taking a look at 20-day trading activity of Orangekloud Technology Inc (ORKT) gives us an average price of $4.82, while its current price level is -38.80% below from 52-week high level whereas it is 29.66% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.76% during that period while stretching the period over a month that increases to 13.45%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 45.61 which implies that the stock is in neutral territory.

Over the week, ORKT’s stock price is moving -5.94% down while it is -16.55% when we observe its performance for the past one month. Year-to-date it is -19.47% down and over the past year.

Currently, Orangekloud Technology Inc’s total number of outstanding shares is 23.16M. Company’s return on investment (ROI) stands at -47.20%. Stock has a price to sale or P/S ratio amounts to 22.62.