The stock of Orangekloud Technology Inc (ORKT) has seen a -2.30% decrease in the past week, with a -10.53% drop in the past month, and a -50.00% decrease in the past quarter. The volatility ratio for the week is 11.50%, and the volatility levels for the past 30 days are at 25.73% for ORKT. The simple moving average for the past 20 days is 17.06% for ORKT’s stock, with a -19.88% simple moving average for the past 200 days.
Is It Worth Investing in Orangekloud Technology Inc (NASDAQ: ORKT) Right Now?
The public float for ORKT is 7.59M, and at present, short sellers hold a 5.99% of that float. The average trading volume of ORKT on January 14, 2025 was 1.57M shares.
ORKT) stock’s latest price update
The stock price of Orangekloud Technology Inc (NASDAQ: ORKT) has jumped by 3.66 compared to previous close of 3.28. Despite this, the company has seen a fall of -2.30% in its stock price over the last five trading days. globenewswire.com reported 2024-10-25 that Singapore, Oct. 25, 2024 (GLOBE NEWSWIRE) — Orangekloud Technology Inc. (Nasdaq: ORKT) (“Orangekloud” or “the Company”), a Singapore-based technology company offering the eMOBIQ® No-Code platform for the development of mobile applications, today announced the appointment of Mr Toh Puay-Yong as Chief Financial Officer (CFO), replacing Ms. Shally Ang, who had held that position since February 2023 and is resigning due to personal reasons. Mr. Toh will be responsible for financial and management reporting, corporate services, and company compliance.
ORKT Trading at 13.93% from the 50-Day Moving Average
After a stumble in the market that brought ORKT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.50% of loss for the given period.
Volatility was left at 25.73%, however, over the last 30 days, the volatility rate increased by 11.50%, as shares sank -5.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +75.52% upper at present.
During the last 5 trading sessions, ORKT fell by -3.16%, in comparison to the 20-day moving average, which settled at $2.90. In addition, Orangekloud Technology Inc saw 12.58% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ORKT
Current profitability levels for the company are sitting at:
- -0.34 for the present operating margin
- 0.54 for the gross margin
The net margin for Orangekloud Technology Inc stands at -0.13. The total capital return value is set at -0.42. Equity return is now at value -109.40, with -42.50 for asset returns.
Based on Orangekloud Technology Inc (ORKT), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at -0.7.
Currently, EBITDA for the company is -0.98 million with net debt to EBITDA at 0.18. When we switch over and look at the enterprise to sales, we see a ratio of 33.06. The receivables turnover for the company is 3.1for trailing twelve months and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.
Conclusion
In summary, Orangekloud Technology Inc (ORKT) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
