Can Buying Oriental Rise Holdings Ltd (NASDAQ: ORIS) Still Be Worthwhile?

Oriental Rise Holdings Ltd (NASDAQ:ORIS) does about 1.36M shares in volume on a normal day but saw 1745672 shares change hands in the recent trading day. The company now has a market cap of 39.40M USD. Its current market price is $1.79, marking a decrease of -14.76% compared to the previous close of $2.10. The 52 week high reached by this stock is $56.01 whilst the lowest price level in 52 weeks is $2.01.

Oriental Rise Holdings Ltd (ORIS) has a 20-day trading average at $8.0997 and the current price is -96.80% off the 52-week high compared with -10.95% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 18.72%, which increases to 78.47% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 45.99 to suggest the stock is neutral.

The current price level is -77.90%, -76.80%, and -76.80% away from its SMA20, SMA50, and SMA200 respectively, with the ORIS price moving above the 50-day SMA on current market day. Oriental Rise Holdings Ltd (ORIS) stock is down -50.55% over the week and -72.33% over the past month. Its price is -70.17% year-to-date.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 22.01M with insiders holding 86.44% of the shares and institutional holders owning 0.00% of the company’s common stock. The company has a return on investment of 17.31% and return on equity of 19.34%. The price to earnings ratio (P/E ratio) amounts to 0.27. Price to book ratio is 0.05 and price to sales ratio is 1.63.