OrangeKloud Technology Inc. (NASDAQ:ORKT - Get Free Report) shares fell 2.8% on Wednesday . The stock traded as low as $0.51 and last traded at $0.55. 104,568 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 1,584,695 shares. The stock had previously closed at $0.57.
Analyst Ratings Changes
Separately, Maxim Group assumed coverage on shares of OrangeKloud Technology in a report on Thursday, January 30th. They issued a "buy" rating and a $5.00 target price on the stock.
Read Our Latest Research Report on OrangeKloud Technology
OrangeKloud Technology Price Performance
The business has a 50 day simple moving average of $0.70 and a two-hundred day simple moving average of $1.89.
Institutional Trading of OrangeKloud Technology
A hedge fund recently bought a new stake in OrangeKloud Technology stock. Schonfeld Strategic Advisors LLC purchased a new stake in OrangeKloud Technology Inc. (NASDAQ:ORKT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 48,900 shares of the company's stock, valued at approximately $148,000.
OrangeKloud Technology Company Profile
(
Get Free Report)
Orangekloud Technology, Inc is a holding company, which engages in providing information technology consulting services. Its digital transformation projects include the sales and consulting of Microsoft Dynamics ERP software licenses. It operates through the Packaged Software Solutions, and No-Code Platform and Mobile Application segments.
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