Orangekloud Technology (NASDAQ:ORKT) Receives Hold Rating from Maxim Group

Maxim Group reissued their hold rating on shares of Orangekloud Technology (NASDAQ:ORKT) in a report published on Monday morning,Benzinga reports.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Orangekloud Technology in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce”.

Orangekloud Technology Stock Up 1.8%

NASDAQ:ORKT opened at $1.11 on Monday. Orangekloud Technology has a 52-week low of $0.62 and a 52-week high of $3.55. The stock has a fifty day simple moving average of $1.07 and a 200-day simple moving average of $1.13.

Hedge Funds Weigh In On Orangekloud Technology

A hedge fund recently bought a new stake in Orangekloud Technology stock. Citadel Advisors LLC purchased a new position in shares of Orangekloud Technology Inc. (NASDAQ:ORKT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,601 shares of the company’s stock, valued at approximately $34,000. Citadel Advisors LLC owned approximately 0.28% of Orangekloud Technology as of its most recent filing with the Securities and Exchange Commission (SEC).

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.