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Is Orangekloud Technology Inc (ORKT) a good stock to buy now?

Orangekloud Technology Inc (NASDAQ: ORKT) is 8.61% higher on its value in year-to-date trading and has touched a low of $1.45 and a high of $8.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ORKT stock was last observed hovering at around $3.34 in the last trading session, with the day’s loss setting it -0.06%.

Currently trading at $3.28, the stock is 12.62% and 11.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.68 million and changing -1.80% at the moment leaves the stock -22.84% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $2.9276 and a 200-day simple moving average (SMA200) of $4.2593246.

The stock witnessed a -12.30% in the last 1 month and extending the period to 3 months gives it a -49.62%, and is 2.50% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.50% over the week and 25.73% over the month.

Orangekloud Technology Inc (ORKT) has around 58 employees, a market worth around $75.96M and $3.90M in sales. Profit margin for the company is -32.90%. Distance from 52-week low is 126.21% and -59.00% from its 52-week high.

The EPS is expected to shrink by -167.60% this year.

Orangekloud Technology Inc (ORKT) Top Institutional Holders

The shares outstanding are 23.16M, and float is at 7.59M with Short Float at 5.99%.

Orangekloud Technology Inc (ORKT) Insider Activity

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