Orangekloud Technology Inc. (NASDAQ:ORKT – Get Free Report)’s stock price was up 6.2% during mid-day trading on Wednesday. The stock traded as high as $1.01 and last traded at $0.9990. Approximately 116,882 shares changed hands during trading, an increase of 5% from the average daily volume of 111,187 shares. The stock had previously closed at $0.9408.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Orangekloud Technology in a research report on Friday, August 21st. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce”.
Read Our Latest Analysis on Orangekloud Technology
Orangekloud Technology Price Performance
The company’s 50-day simple moving average is $1.01 and its 200 day simple moving average is $1.06.
Orangekloud Technology Company Profile
Orangekloud Technology Inc is a Singapore-based technology company that provides enterprise software and digital transformation solutions. The company focuses on helping small and medium-sized businesses replace manual processes with cloud-based applications and automated workflows.
Its primary product is eMOBIQ, a no-code mobile application development platform designed to allow businesses to create and deploy customized applications without extensive programming expertise. The platform can support functions such as inventory management, field services, sales operations, customer relationship management, and other business processes.
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