OneConnect Financial Technology (NYSE:OCFT - Get Free Report) issued its earnings results on Wednesday. The company reported ($0.15) earnings per share for the quarter, Zacks reports. OneConnect Financial Technology had a negative return on equity of 6.05% and a net margin of 0.95%. The business had revenue of $50.57 million for the quarter.
OneConnect Financial Technology Price Performance
Shares of NYSE OCFT traded down $0.06 during midday trading on Friday, hitting $7.08. 20,706 shares of the company's stock were exchanged, compared to its average volume of 76,766. OneConnect Financial Technology has a twelve month low of $0.87 and a twelve month high of $7.38. The company has a market cap of $276.11 million, a PE ratio of 64.37 and a beta of 0.51. The firm's fifty day simple moving average is $6.43 and its 200-day simple moving average is $4.52.
OneConnect Financial Technology Company Profile
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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 operates in Technology Solutions and Virtual Bank Business segments. The company offers Gamma Platform, which offers a toolbox of separate solution modules that provide technology infrastructure and underlying technologies; marketing management platform, developed from AI Banker App, provides banks relationship managers with technology that supports in managing their acquisition and relationships with retail customers; and wealth management platform that provides banks with tools to enhance the efficiency of their wealth management business.
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