The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Orangekloud Technology Inc’s current trading price is -55.88% away from its 52-week high, while its distance from the 52-week low is 143.45%. The stock’s price range for this period has been between $1.45 and $8.00 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 5.36 million for the day, a number notably higher than the average daily volume of 1.5 million over the last three months.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Orangekloud Technology Inc (ORKT) has experienced a quarterly decline of -30.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 81.75M and boasts a workforce of 58 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.11, with a change in price of -2.94. Similarly, Orangekloud Technology Inc recorded 1,183,554 in trading volume during the last 100 days, posting a change of -45.52%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ORKT stands at 1.00. Similarly, the long-term debt-to-equity ratio is also 0.60.
ORKT Stock Stochastic Average
As of today, Orangekloud Technology Inc’s raw stochastic average for the last 50 days stands at 68.58%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 66.93%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 61.47% and 56.93%, respectively.
ORKT Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 16.89%. The price of ORKT increased 23.00% over the last 30 days. And in the last five days, it has surged by 35.25%.
