Orangekloud Technology Inc (NASDAQ: ORKT) Emerges As Guiding Light For Investors

Orangekloud Technology Inc (NASDAQ:ORKT) currently has a daily average trading volume of 606.74K but it saw 1193960 shares traded in last market. With a market cap of 161.65M USD, the company’s current market price of $6.98 came falling about -1.13 while comparing to the previous closing price of $7.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.75 and as low as $3.54. In the recent trading on the day, stock has struck highest price mark of $6.4 while lowest mark touched by it was $7.45.

Taking a look at 20-day trading activity of Orangekloud Technology Inc (ORKT) gives us an average price of $5.46, while its current price level is -9.94% below from 52-week high level whereas it is 97.18% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.23. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.00% during that period while stretching the period over a month that decreases to 11.90%. 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 69.56 which implies that the stock is in neutral territory.

Over the week, ORKT’s stock price is moving 31.70% up while it is 59.54% when we observe its performance for the past one month. Year-to-date it is 22.46% up and over the past year.

Currently, Orangekloud Technology Inc’s total number of outstanding shares is 23.16M. Company’s return on equity (ROE) at -48.40%. Stock has a price to book (P/B) ratio of 87.25 while price to sale or P/S ratio amounts to 35.14. Its return on asset (ROA) is -24.10% on average.