Orangekloud Technology Inc (ORKT): Investing In A Time Of Crisis

Orangekloud Technology Inc (NASDAQ:ORKT) currently has a daily average trading volume of 866.70K but it saw 17303122 shares traded in last market. With a market cap of 42.84M USD, the company’s current market price of $1.85 came falling about -75.69 while comparing to the previous closing price of $7.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.00 and as low as $3.54. In the recent trading on the day, stock has struck highest price mark of $1.605 while lowest mark touched by it was $2.27.

Taking a look at 20-day trading activity of Orangekloud Technology Inc (ORKT) gives us an average price of $5.93, while its current price level is -76.87% below from 52-week high level whereas it is -47.74% 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 $5.30. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.97% during that period while stretching the period over a month that decreases to 13.50%. 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 25.75 which implies that the stock is in oversold territory.

Over the week, ORKT’s stock price is moving -73.34% down while it is -61.54% when we observe its performance for the past one month. Year-to-date it is -67.54% down 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 -109.40%. Stock has a price to book (P/B) ratio of 61.67 while price to sale or P/S ratio amounts to 10.99. Its return on asset (ROA) is -42.50% on average.