Shares of Orangekloud Technology Inc. (NASDAQ:ORKT – Get Free Report) were up 1.9% during mid-day trading on Thursday . The company traded as high as $0.7850 and last traded at $0.7850. Approximately 9,170 shares changed hands during trading, a decline of 75% from the average daily volume of 37,251 shares. The stock had previously closed at $0.77.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Orangekloud Technology in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $20.00.
Check Out Our Latest Stock Analysis on Orangekloud Technology
Orangekloud Technology Stock Down 8.6%
Institutional Investors Weigh In On Orangekloud Technology
An institutional investor recently bought a new position in Orangekloud Technology stock. Citadel Advisors LLC acquired a new position in shares of Orangekloud Technology Inc. (NASDAQ:ORKT – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 16,601 shares of the company’s stock, valued at approximately $34,000. Citadel Advisors LLC owned about 0.28% of Orangekloud Technology at the end of the most recent reporting period.
Orangekloud Technology Company Profile
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. The Packaged Software Solutions segment refers to packaged software and custom software solutions. The No-Code Platform and Mobile Application focuses on providing a rapid development environment through a No-Code platform.
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