Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Oriental Rise Holdings Ltd’s current trading price is -97.50% away from its 52-week high, while its distance from the 52-week low is 49.73%. The stock’s price range during this period has varied between $0.94 and $56.01. The company, active in the Consumer Defensive sector, saw a trading volume of around 42.45 million for the day, considerably higher average daily volume of 1.69 million observed over the last three months.
How Financial Performance Impacts Market Capitalization
Oriental Rise Holdings Ltd (ORIS) has experienced a quarterly decline of -77.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 30.83M and boasts a workforce of 70 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How ORIS’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ORIS stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.00.
ORIS Stock Stochastic Average
As of today, the raw stochastic average of Oriental Rise Holdings Ltd over the past 50 days is 32.11%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 46.76%. Additionally, the Stochastic %K and %D values for the company were 37.38% and 31.57%, respectively, over the past 20 days.
ORIS Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -8.45%. Over the last 30 days, the price of ORIS has fallen by 0.77%. And in the last five days, it has surged by 27.34%.
