Orangekloud Technology Inc [NASDAQ: ORKT] gained 147.63% or 1.39 points to close at $2.33 with a heavy trading volume of 11786499 shares.
It opened the trading session at $0.9411, the shares rose to $2.49 and dropped to $0.9411, the range by which the price of stock traded the whole day. The daily chart for ORKT points out that the company has recorded 0.60% gains over the past six months.
If we look at the average trading volume of 34.38K shares, ORKT reached to a volume of 11786499 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Orangekloud Technology Inc [ORKT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ORKT shares is $19.97 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ORKT stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Price to Book ratio for the last quarter was 1.87, with the Price to Cash per share for the same quarter was set at 0.26.
Trading performance analysis for ORKT stock
Orangekloud Technology Inc [ORKT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 126.21. With this latest performance, ORKT shares gained by 102.61% in over the last four-week period, additionally plugging by 0.60% over the last 6 months – not to mention a drop of -80.71% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ORKT stock in for the last two-week period is set at 79.08, with the RSI for the last a single of trading hit 0.2500, and the three-weeks RSI is set at 0.1900 for Orangekloud Technology Inc [ORKT]. The present Moving Average for the last 50 days of trading for this stock 1.4900, while it was recorded at 1.2000 for the last single week of trading, and 2.3500 for the last 200 days.
Orangekloud Technology Inc [ORKT]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Orangekloud Technology Inc [ORKT] shares currently have an operating margin of -252.28% and a Gross Margin at 24.10%. Orangekloud Technology Inc’s Net Margin is presently recorded at -241.62%.
Orangekloud Technology Inc (ORKT) Capital Structure & Debt Analysis
According to recent financial data for Orangekloud Technology Inc. ( ORKT), the Return on Equity (ROE) stands at -209.71%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -149.10%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Orangekloud Technology Inc’s Return on Invested Capital (ROIC) is -110.10%, showcasing its effectiveness in deploying capital for earnings.
Orangekloud Technology Inc (ORKT) Efficiency & Liquidity Metrics
Based on Orangekloud Technology Inc’s (ORKT) latest financial statements, the Debt-to-Equity Ratio is 0.04%, indicating its reliance on debt financing relative to shareholder equity.
Orangekloud Technology Inc (ORKT) Efficiency & Liquidity Metrics
An analysis of Institutional ownership at Orangekloud Technology Inc [ORKT]
There are presently around $1.25%, or 1.35%% of ORKT stock, in the hands of institutional investors.
