Orangekloud Technology (ORKT) to Post Quarterly Earnings on Wednesday

Orangekloud Technology (NASDAQ:ORKT) is projected to post its results before the market opens on Wednesday, September 2nd. Analysts expect Orangekloud Technology to announce earnings of ($0.4083) per share and revenue of $1.8840 million for the quarter.

Orangekloud Technology Price Performance

Shares of NASDAQ ORKT opened at $0.97 on Monday. The stock’s 50-day moving average is $1.03 and its 200 day moving average is $1.07. Orangekloud Technology has a 1-year low of $0.62 and a 1-year high of $2.90. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.43 and a quick ratio of 2.43.

Hedge Funds Weigh In On Orangekloud Technology

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Orangekloud Technology in a report on Friday, August 21st. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

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.