Free Trial

OrangeKloud Technology (NASDAQ:ORKT) Shares Down 2.8% - Here's What Happened

OrangeKloud Technology logo with Business Services background

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.

Read More

Should You Invest $1,000 in OrangeKloud Technology Right Now?

Before you consider OrangeKloud Technology, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and OrangeKloud Technology wasn't on the list.

While OrangeKloud Technology currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns
ACT FAST! Congress Is POURING Into This Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines