In last trading session, Oneconnect Financial Technology Co Ltd ADR (NYSE:OCFT) saw 0.65 million shares changing hands with its beta currently measuring 0.61. Company’s recent per share price level of $1.97 trading at $0.44 or 28.76% at ring of the bell on the day assigns it a market valuation of $72.48M. That closing price of OCFT’s stock is at a discount of -72.59% from its 52-week high price of $3.40 and is indicating a premium of 55.84% from its 52-week low price of $0.87. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 21860.0 shares which gives us an average trading volume of 14.53K if we extend that period to 3-months.
For Oneconnect Financial Technology Co Ltd ADR (OCFT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
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Oneconnect Financial Technology Co Ltd ADR (NYSE:OCFT) trade information
Upright in the green during last session for gaining 28.76%, in the last five days OCFT remained trading in the green while hitting it’s week-highest on Friday, 09/27/24 when the stock touched $1.97 price level, adding 3.43% to its value on the day. Oneconnect Financial Technology Co Ltd ADR’s shares saw a change of -39.01% in year-to-date performance and have moved 44.85% in past 5-day. Oneconnect Financial Technology Co Ltd ADR (NYSE:OCFT) showed a performance of 53.91% in past 30-days. Number of shares sold short was 57536.0 shares which calculate 2.8 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 0.12 to the stock, which implies a fall of -1541.67% to its current value. Analysts have been projecting 0.12 as a low price target for the stock while placing it at a high target of 0.12. It follows that stock’s current price would jump 93.91% in reaching the projected high whereas dropping to the targeted low would mean a gain of 93.91% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 21.99% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 113.99% while estimates for its earnings growth in next 5 years are of 9.19%.
