Orangekloud Technology Inc. (NASDAQ:ORKT – Get Free Report) crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $1.01 and traded as high as $1.0150. Orangekloud Technology shares last traded at $1.0150, with a volume of 110,762 shares trading hands.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Orangekloud Technology in a research note on Friday, August 21st. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Reduce”.
Orangekloud Technology Price Performance
The stock has a 50 day moving average price of $1.01 and a 200 day moving average price of $1.05.
About Orangekloud Technology
Orangekloud Technology Inc (NASDAQ: ORKT) is a Singapore-based technology company focused on providing digital transformation solutions for small and medium-sized enterprises. The company develops cloud-based software intended to help businesses automate operations, manage workflows and improve access to business information through mobile applications.
Its primary product is eMOBIQ, a no-code application development platform designed to allow organizations to create and deploy customized mobile business applications without extensive programming expertise.
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