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Monday, January 30, 2023

Today, OneConnect Financial Technology Co. Ltd. (NYSE: OCFT) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for OneConnect Financial Technology Co. Ltd. (OCFT) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.012, or 1.82%, to $0.672. The OneConnect Financial Technology Co. Ltd. has recorded 2,163 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that OneConnect Announces ADS Ratio Change.


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Stocks Info

The company is listed on the NYSE and operates within the Software – Application industry segment. At the end of the last regular session, the stock closed at $0.66 and fluctuated between $0.6790 as its day high and $0.6027 as its day low. The current market capitalization of OneConnect Financial Technology Co. Ltd. is $239.94M. A total of 1.31 million shares were traded on the day, compared to an average of 599.38K shares.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for OCFT in the last 3 months, the mean price target is $6.89 with high estimates of $8.70 and low estimates of $5.71. In terms of 52-week highs and lows, OCFT has a high of $2.83 and a low of $0.47.

As of this writing, OCFT has an earnings estimate of -$0.08 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.06 per share and a lower estimate of -$0.09.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 3 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OCFT is Buy with a score of 2.33. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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