Oriental Rise Holdings Ltd (NASDAQ: ORIS) Drops -66.97% Over A Month, But Analysts Still See Upside Potential

Oriental Rise Holdings Ltd (NASDAQ:ORIS) currently has a daily average trading volume of 1.20M but it saw 30919636 shares traded in last market. With a market cap of 47.76M USD, the company’s current market price of $2.17 came rising about 41.83 while comparing to the previous closing price of $1.53. In past 52 weeks, the stock remained buoying in the range of price level as high as $56.01 and as low as $1.22. In the recent trading on the day, stock has struck highest price mark of $1.97 while lowest mark touched by it was $2.85.

Taking a look at 20-day trading activity of Oriental Rise Holdings Ltd (ORIS) gives us an average price of $4.8500, while its current price level is -96.13% below from 52-week high level whereas it is 77.87% 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 $6.2400. A closer look into the stock’s movement over the week reveals that its volatility is standing at 21.09% during that period while stretching the period over a month that increases to 80.99%. 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 46.99 which implies that the stock is in neutral territory.

Over the week, ORIS’s stock price is moving 43.71% up while it is -66.97% when we observe its performance for the past one month. Year-to-date it is 41.83% up and over the past year.

Currently, Oriental Rise Holdings Ltd’s total number of outstanding shares is 20.00M. Company’s return on investment (ROI) stands at 7.75% and return on equity (ROE) at 8.08%. It has a price to earnings ratio (P/E ratio) of 1.14. Stock has a price to book (P/B) ratio of 0.65 while price to sale or P/S ratio amounts to 2.85. Its return on asset (ROA) is 7.53% on average.