Oneconnect Financial Technology Co Ltd ADR (NYSE:OCFT)’s traded shares stood at 0.46 million during the last session, with the company’s beta value hitting 0.68. At the close of trading, the stock’s price was $3.07, to imply an increase of 27.92% or $0.67 in intraday trading. The OCFT share’s 52-week high remains $3.40, putting it -10.75% down since that peak but still an impressive 71.66% since price per share fell to its 52-week low of $0.87. The company has a valuation of $112.95M, with an average of 0.31 million shares in intraday trading volume over the past 10 days and average of 59.30K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Oneconnect Financial Technology Co Ltd ADR (OCFT), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give OCFT a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
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Oneconnect Financial Technology Co Ltd ADR (NYSE:OCFT) trade information
After registering a 27.92% upside in the last session, Oneconnect Financial Technology Co Ltd ADR (OCFT) has traded red over the past five days. The 5-day price performance for the stock is 55.84%, and 149.59% over 30 days. With these gigs, the year-to-date price performance is -4.95%. Short interest in Oneconnect Financial Technology Co Ltd ADR (NYSE:OCFT) saw shorts transact 57536.0 shares and set a 2.8 days time to cover.
The extremes give us $0.12 and $0.12 for target low and target high price respectively. As such, OCFT has been trading 96.09% off suggested target high and 96.09% from its likely low.
Oneconnect Financial Technology Co Ltd ADR (OCFT) estimates and forecasts
The rating firms project that company’s revenue will shrink -15.10% compared to the previous financial year.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 21.99% for the past 5-year period. While 2024 is set for a 114.06% return in earnings, projections for the next 5 years are at 9.19% annually.
OCFT Dividends
Oneconnect Financial Technology Co Ltd ADR has its next earnings report out on 2024-Mar-18. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
