Shares of OneConnect Financial Technology Co., Ltd. NYSE:OCFT – Get Rating have received an average recommendation of “Hold” from the six research firms that are currently covering the firm, Marketbeatm reports. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $..
Several research firms have issued reports on OCFT. JPMorgan Chase & Co. cut shares of OneConnect Financial Technology from a “neutral” rating to an “underweight” rating in a research report on Monday, March th. Zacks Investment Research lowered OneConnect Financial Technology from a “hold” rating to a “sell” rating in a report on Saturday, February th. Finally, HSBC downgraded OneConnect Financial Technology from a “buy” rating to a “hold” rating in a report on Thursday, February th.
A number of large investors have recently modified their holdings of OCFT. Itau Unibanco Holding S.A. lifted its position in shares of OneConnect Financial Technology by .% during the fourth quarter. Itau Unibanco Holding S.A. now owns , shares of the company’s stock valued at $, after buying an additional , shares during the last quarter. Daiwa Securities Group . grew its holdings in OneConnect Financial Technology by .% in the fourth quarter. Daiwa Securities Group . now owns , shares of the company’s stock worth $, after purchasing an additional , shares during the last quarter. GSA Capital Partners LLP acquired a new position in shares of OneConnect Financial Technology during the fourth quarter worth $,. Millennium Management LLC purchased a new stake in shares of OneConnect Financial Technology during the th quarter valued at $,. Finally, Asset Management One Co. Ltd. boosted its position in shares of OneConnect Financial Technology by .% in the rd quarter. Asset Management One Co. Ltd. now owns , shares of the company’s stock worth $, after purchasing an additional , shares in the last quarter. .% of the stock is owned by institutional investors.
Shares of OneConnect Financial Technology stock traded up $. on Friday, reaching $.. The company had a trading volume of , shares, compared to its average volume of ,,. The firm has a market cap of $. million, a price-to-earnings ratio of -. and a beta of .. The firm’s -day moving average price is $. and its two-hundred day moving average price is $.. OneConnect Financial Technology has a year low of $. and a year high of $..
OneConnect Financial Technology NYSE:OCFT – Get Rating last issued its quarterly earnings results on Thursday, February th. The company reported $. earnings per share EPS for the quarter. The business had revenue of $. million for the quarter. OneConnect Financial Technology had a negative return on equity of .% and a negative net margin of .%. Equities analysts expect that OneConnect Financial Technology will post -. EPS for the current fiscal year.
OneConnect Financial Technology Co, Ltd. provides cloud-platform-based Fintech solutions, and online information and operating support services for financial institutions in the People s Republic of China. It offers digital retail banking, digital commercial banking, digital auto insurance and life insurance, and artificial intelligence customer services, as well as sales management, risk management, and operation support services.
