Oriental Rise Holdings Limited (NASDAQ:ORIS – Free Report) shares are going to reverse split on the morning of Tuesday, December 30th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, December 29th.
Oriental Rise Price Performance
NASDAQ:ORIS opened at $0.07 on Friday. The business’s 50-day simple moving average is $0.12 and its two-hundred day simple moving average is $0.26. Oriental Rise has a 52 week low of $0.07 and a 52 week high of $2.85.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Oriental Rise in a report on Monday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Oriental Rise presently has a consensus rating of “Sell”.
About Oriental Rise
Oriental Rise Acquisition Corp. (NASDAQ: ORIS) is a special purpose acquisition company formed to raise capital through an initial public offering with the objective of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination. As a blank-check company, Oriental Rise does not conduct any operations of its own until it identifies a suitable target business for acquisition.
The company seeks to partner with businesses operating in high-growth sectors across Asia, including Greater China and Southeast Asia.
Featured Articles
- Five stocks we like better than Oriental Rise
- Washington prepares for war
- Put $1,000 into this stock by Jan 1 [Not NVDA]
- Turn your “dead money” into $306+ monthly (starting this month)
- A month before the crash
- Strange Crystal Metal Outperforms Silicon Up to 100X
Receive News & Ratings for Oriental Rise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oriental Rise and related companies with MarketBeat.com's FREE daily email newsletter.
