A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 22.85% since the start of this calendar year. Over the past 30 days, the price of ORKT has fallen by 4.21%. And in the last five days, it has surged by 2.20%.
52-week price history of ORKT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Orangekloud Technology Inc’s current trading price is -53.62% away from its 52-week high, while its distance from the 52-week low is 155.86%. The stock’s price range during this period has varied between$1.45 and $8.00. The Orangekloud Technology Inc’s shares, which operate in the Technology, saw a trading volume of around 4.33 million for the day, a figure considerably higher than their average daily volume of 1.6 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Orangekloud Technology Inc (ORKT) has experienced a quarterly decline of -49.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 85.92M and boasts a workforce of 58 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.00, with a change in price of -1.44. Similarly, Orangekloud Technology Inc recorded 1,299,038 in trading volume during the last 100 days, posting a change of -27.96%.
ORKT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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
Orangekloud Technology Inc’s raw stochastic average for the past 50 days is presently 73.78%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 73.78%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 65.15% and 61.89%, respectively.
