Oneconnect Financial Technology Co Ltd ADR (NYSE: OCFT) is -13.31% lower on its value in year-to-date trading and has touched a low of $0.87 and a high of $3.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OCFT stock was last observed hovering at around $1.97 in the last trading session, with the day’s gains setting it 0.83%.
Currently trading at $2.80, the stock is 119.13% and 99.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing 42.13% at the moment leaves the stock 37.75% off its SMA200. OCFT registered -9.39% loss for a year compared to 6-month loss of 26.13%. The firm has a 50-day simple moving average (SMA 50) of $1.42616 and a 200-day simple moving average (SMA200) of $2.027.
The stock witnessed a 117.05% gain in the last 1 month and extending the period to 3 months gives it a 72.84%, and is 101.44% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 18.39% over the week and 12.51% over the month.
Oneconnect Financial Technology Co Ltd ADR (OCFT) has around 2440 employees, a market worth around $103.01M and $440.55M in sales. Profit margin for the company is -1.07%. Distance from 52-week low is 223.66% and -17.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.09%).
The EPS is expected to grow by 114.01% this year, but quarterly earnings will post -14.60% year-over-year.
Oneconnect Financial Technology Co Ltd ADR (OCFT) Top Institutional Holders
The shares outstanding are 39.00M, and float is at 36.39M with Short Float at 0.16%.
Oneconnect Financial Technology Co Ltd ADR (OCFT) Insider Activity
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