Orangekloud Technology Inc (NASDAQ: ORKT)’s stock price has soared by 12.54 in relation to previous closing price of 0.56. Nevertheless, the company has seen a gain of 8.62% in its stock price over the last five trading days. globenewswire.com reported 2025-01-16 that Singapore, Jan. 16, 2025 (GLOBE NEWSWIRE) — Orangekloud Technology Inc. (Nasdaq: ORKT) (“Orangekloud” or “the Company”), a pioneer in AI-driven no-code application development, today announced the Beta launch of its new platform, eMOBIQ® AI, to take place on February 3, 2025. The Company said this launch will set a new industry benchmark for redefining how applications are built and positioning Orangekloud at the forefront of global digital transformation.
Is It Worth Investing in Orangekloud Technology Inc (NASDAQ: ORKT) Right Now?
Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ORKT is 7.59M, and currently, shorts hold a 4.04% of that float. The average trading volume for ORKT on April 25, 2025 was 1.81M shares.
ORKT’s Market Performance
The stock of Orangekloud Technology Inc (ORKT) has seen a 8.62% increase in the past week, with a -24.91% drop in the past month, and a -5.97% fall in the past quarter. The volatility ratio for the week is 14.46%, and the volatility levels for the past 30 days are at 14.10% for ORKT. The simple moving average for the past 20 days is -3.22% for ORKT’s stock, with a -79.41% simple moving average for the past 200 days.
ORKT Trading at -24.43% 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 -92.13% of loss for the given period.
Volatility was left at 14.10%, however, over the last 30 days, the volatility rate increased by 14.46%, as shares sank -25.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -50.00% lower at present.
During the last 5 trading sessions, ORKT rose by +8.62%, in comparison to the 20-day moving average, which settled at $0.6511. In addition, Orangekloud Technology Inc saw -79.14% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ORKT
Current profitability levels for the company are sitting at:
- -0.22 for the present operating margin
- 0.47 for the gross margin
The net margin for Orangekloud Technology Inc stands at -0.21. The total capital return value is set at -0.52.
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 -1.15. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is -36.88.
Currently, EBITDA for the company is -0.98 million with net debt to EBITDA at 0.2. When we switch over and look at the enterprise to sales, we see a ratio of 3.11. The receivables turnover for the company is 5.89for trailing twelve months and the total asset turnover is 1.44.
Conclusion
In conclusion, Orangekloud Technology Inc (ORKT) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
