OrangeKloud Technology (NASDAQ:ORKT) Coverage Initiated at Maxim Group

Maxim Group assumed coverage on shares of OrangeKloud Technology (NASDAQ:ORKT) in a research note issued to investors on Thursday,Benzinga reports. The brokerage set a “buy” rating and a $5.00 price target on the stock. Maxim Group’s target price points to a potential upside of 264.96% from the company’s previous close.

OrangeKloud Technology Price Performance

Shares of NASDAQ ORKT traded down $0.09 during mid-day trading on Thursday, reaching $1.37. 1,498,399 shares of the company’s stock were exchanged, compared to its average volume of 8,311,639. The stock has a 50-day moving average price of $2.68. OrangeKloud Technology has a 52 week low of $0.62 and a 52 week high of $8.00.

OrangeKloud Technology Company Profile

Orangekloud Technology Inc, an investment holding company, provides enterprise application development services in Singapore, Indonesia, Malaysia, the United States, and internationally. It offers eMOBIQ platform, a No-Code rapid mobile application development platform for SMEs and organizations to design, build, and implement enterprise-grade custom applications with no coding required.