Oneconnect Financial Technology Co Ltd ADR (NYSE: OCFT) Stock Forecast: By 2025, Bulls Expect $0.12 Per Share

In the last trading session, 1.22 million shares of the Oneconnect Financial Technology Co Ltd ADR (NYSE:OCFT) were traded, and its beta was 0.57. Most recently the company’s share price was $6.68, and it changed around $1.18 or 21.45% from the last close, which brings the market valuation of the company to $245.76M. OCFT currently trades at a discount to its 52-week high of $5.68, offering almost 14.97% off that amount. The share price’s 52-week low was $0.87, which indicates that the current value has risen by an impressive 86.98% since then.

Oneconnect Financial Technology Co Ltd ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended OCFT as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

Oneconnect Financial Technology Co Ltd ADR (NYSE:OCFT) trade information

Instantly OCFT has showed a green trend with a performance of 21.45% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 6.90 on recent trading dayincreased the stock’s daily price by 3.19%. The company’s shares are currently up 174.90% year-to-date, but still up 57.92% over the last five days. On the other hand, Oneconnect Financial Technology Co Ltd ADR (NYSE:OCFT) is 94.75% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $0.12, which translates to bulls needing to decrease their stock price by -5466.67% from its current value. Analyst projections state that OCFT is forecast to be at a low of $0.12 and a high of $0.12.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 21.99%.

OCFT Dividends

Oneconnect Financial Technology Co Ltd ADR’s next quarterly earnings report is expected to be released in April.

The former held 189.0 shares worth $1262.0, making up 0.00% of all outstanding shares.