OrangeKloud Technology (NASDAQ:ORKT) Shares Up 0% – Should You Buy?

OrangeKloud Technology Inc. (NASDAQ:ORKT) shares shot up 0% during mid-day trading on Friday . The stock traded as high as $0.79 and last traded at $0.77. 112,843 shares changed hands during trading, a decline of 94% from the average session volume of 1,871,594 shares. The stock had previously closed at $0.77.

Analyst Upgrades and Downgrades

Separately, Maxim Group began coverage on OrangeKloud Technology in a report on Thursday, January 30th. They set a “buy” rating and a $5.00 target price on the stock.

OrangeKloud Technology Trading Up 0.0 %

The firm has a fifty day moving average price of $1.54 and a 200-day moving average price of $3.11.

Institutional Trading of OrangeKloud Technology

A hedge fund recently bought a new stake in OrangeKloud Technology stock. XTX Topco Ltd acquired a new stake in OrangeKloud Technology Inc. (NASDAQ:ORKT) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 17,186 shares of the company’s stock, valued at approximately $52,000.

About OrangeKloud Technology

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.