NYSE:OCFT OneConnect Financial Technology (OCFT) Stock Price, News & Analysis → The system that called 2023’s top 7 stocks is at it again… (From WealthPress) (Ad) Free OCFT Stock Alerts $1.89 +0.01 (+0.53%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$1.84▼$1.8950-Day Range$1.82▼$2.5452-Week Range$1.77▼$6.00Volume3,838 shsAverage Volume20,547 shsMarket Capitalization$73.71 millionP/E RatioN/ADividend YieldN/APrice Target$5.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get OneConnect Financial Technology alerts: Email Address OneConnect Financial Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside186.9% Upside$5.25 Price TargetShort InterestHealthy0.10% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.59Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.15) to ($1.07) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.08 out of 5 starsBusiness Services Sector155th out of 303 stocksComputer Programming, Data Processing, & Other Computer Related Industry30th out of 58 stocks 3.5 Analyst's Opinion Consensus RatingOneConnect Financial Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageOneConnect Financial Technology has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.10% of the float of OneConnect Financial Technology has been sold short.Short Interest Ratio / Days to CoverOneConnect Financial Technology has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in OneConnect Financial Technology has recently decreased by 12.18%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldOneConnect Financial Technology does not currently pay a dividend.Dividend GrowthOneConnect Financial Technology does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OCFT. Previous Next 3.1 News and Social Media Coverage News SentimentOneConnect Financial Technology has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for OneConnect Financial Technology this week, compared to 0 articles on an average week.MarketBeat Follows3 people have added OneConnect Financial Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, OneConnect Financial Technology insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 4.05% of the stock of OneConnect Financial Technology is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for OneConnect Financial Technology are expected to grow in the coming year, from ($1.15) to ($1.07) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of OneConnect Financial Technology is -1.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of OneConnect Financial Technology is -1.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioOneConnect Financial Technology has a P/B Ratio of 0.17. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Insider FinancialThousands of investors use this no cost solution | Do you? In today’s volatile markets we are all looking for the edge. But imagine tapping into a world where every investment move has the potential to be ahead of the curve. Most investors have heard of the publication Insider Financial. For nearly a decade, they've unlocked doors to opportunities tucked away from the public eye, guiding over a million investors with well researched information before it hits the mainstream media.Simply tap here now to subscribe and start getting "Insider Financial Advantage" About OneConnect Financial Technology Stock (NYSE:OCFT)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 AI Banker App to banks' relationship managers for managing the acquisition of retail customers and their relationships with retail customers; retail banking operation management platform for monitor retail banking business; wealth management platform that provides banks with tools to enhance the efficiency of their wealth management business; customer incentive and management platform, which helps banks to set up their own customer reward portals; and intelligent risk management solutions. The company also offers commercial-banking-as-a-service solutions, including intelligent service, intelligent product development, and intelligent risk management platforms; digital services platforms for government agencies that provide integrated credit, cross-border trade, financial, and enterprise services; banking core system solutions; and digital insurance solutions for digitalizing the insurance process, marketing, customer management, and claim processing, as well as customers service management platforms for auto aftermarket and healthcare services. In addition, it provides Gamma Voice Solution, an AI customer service for financial institutions; and Gamma FinCloud Open Platform, a plug-and-play, ready-to-integrate application development components for financial institutions. Further, the company offers information transmission, information technology advisory services, E-commerce security certificate administration, insurance survey and loss adjustment, and asset management and consulting. OneConnect Financial Technology Co., Ltd. was founded in 2015 and is headquartered in Shenzhen, the People's Republic of China.Read More OCFT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OCFT Stock News HeadlinesApril 23, 2024 | finance.yahoo.comOneConnect Files Annual Report on Form 20-FApril 18, 2024 | americanbankingnews.comOneConnect Financial Technology (NYSE:OCFT) Stock Price Down 4.2%April 23, 2024 | Wealthpin Pro (Ad)One trade. One ticker. One week. Do you want to target weekly income of up to $2k or more… Starting with just $500... With just one trade per week? April 15, 2024 | finance.yahoo.comOneConnect Financial Technology Co., Ltd. (OCFT)March 23, 2024 | wsj.comOneConnect Financial Technology Co. Ltd. ADRMarch 20, 2024 | seekingalpha.comOneConnect Financial Technology Co., Ltd. (OCFT) Q4 2023 Earnings Call TranscriptMarch 19, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: OneConnect Financial Technology (OCFT), Cisco Systems (CSCO) and IPG Photonics (IPGP)March 19, 2024 | finance.yahoo.comOneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Q4 2023 Earnings Call TranscriptApril 23, 2024 | Insider Financial (Ad)Thousands of investors use this no cost solution | Do you? In today’s volatile markets we are all looking for the edge. But imagine tapping into a world where every investment move has the potential to be ahead of the curve. Most investors have heard of the publication Insider Financial. For nearly a decade, they've unlocked doors to opportunities tucked away from the public eye, guiding over a million investors with well researched information before it hits the mainstream media.March 18, 2024 | msn.comOneConnect Financial Technology reports Q4 resultsMarch 6, 2024 | finance.yahoo.comOneConnect to Announce Fourth Quarter and Full Year 2023 Financial ResultsDecember 20, 2023 | finance.yahoo.comThe Zacks Analyst Blog Highlights Enanta, OneConnect Financial, KNOT Offshore, Hippo Holdings and H WorldDecember 7, 2023 | morningstar.comOneConnect Financial Technology Co Ltd ADR OCFTNovember 13, 2023 | msn.comOneConnect Financial Technology Non-GAAP EPS of -RMB2.50, revenue of RMB844MNovember 13, 2023 | finance.yahoo.comOneConnect Announces Third Quarter and Nine Months Ended September 30, 2023 Unaudited Financial ResultsNovember 12, 2023 | markets.businessinsider.comOneConnect Financial Technology earnings preview: what Wall Street is expectingNovember 1, 2023 | finance.yahoo.comOneConnect to Announce Third Quarter 2023 Financial ResultsAugust 17, 2023 | finance.yahoo.comQ2 2023 OneConnect Financial Technology Co Ltd Earnings CallAugust 15, 2023 | benzinga.comOneConnect Financial Tech's Earnings OutlookAugust 11, 2023 | fool.comOneConnect Financial Technology (NYSE: OCFT)August 1, 2023 | finance.yahoo.comOneConnect to Announce Second Quarter 2023 Financial ResultsJuly 15, 2023 | morningstar.comOneConnect Financial Technology Co Ltd ADRJuly 6, 2023 | msn.comOneconnect Financial Technology Co Ltd - ADR (OCFT) Price Target Decreased by 31.75% to 5.39June 27, 2023 | markets.businessinsider.comPre-market Movers: ASTC, RPHM, AEL, MEDS, OCFT…June 14, 2023 | finance.yahoo.comHow Much Upside is Left in OneConnect Financial Technology Co., Ltd. Sponsored ADR (OCFT)? Wall Street Analysts Think 87.81%May 29, 2023 | finance.yahoo.comOneConnect Announces 2023 Annual General Meeting ResultsMay 22, 2023 | finance.yahoo.comQ1 2023 OneConnect Financial Technology Co Ltd Earnings CallSee More Headlines Receive OCFT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for OneConnect Financial Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/18/2024Today4/23/2024Next Earnings (Estimated)5/27/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Computer programming, data processing, & other computer related Sub-IndustryN/A Current SymbolNYSE:OCFT CUSIPN/A CIK1780531 Webwww.ocft.com Phone852-3757-9718FaxN/AEmployees2,832Year FoundedN/APrice Target and Rating Average Stock Price Target$5.25 High Stock Price Target$7.00 Low Stock Price Target$3.50 Potential Upside/Downside+174.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($1.42) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-51,250,000.00 Net Margins-9.90% Pretax Margin-9.86% Return on Equity-11.80% Return on Assets-4.34% Debt Debt-to-Equity RatioN/A Current Ratio1.06 Quick Ratio1.17 Sales & Book Value Annual Sales$518.92 million Price / Sales0.14 Cash FlowN/A Price / Cash FlowN/A Book Value$10.68 per share Price / Book0.18Miscellaneous Outstanding Shares39,000,000Free FloatN/AMarket Cap$74.49 million OptionableOptionable Beta0.64 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Chong Feng Shen (Age 53)Chairman of the Board & CEO Comp: $647.12kMr. Yongtao Luo (Age 49)Chief Financial Officer Ms. Danielle GaoHead of Investor RelationsMr. Xuhua ChenChief Marketing OfficerDr. Runzhong Huang (Age 51)Executive Vice President Ms. Bin Ru TanChief Executive Officer of Southeast AsiaMs. Fang LiuGM Assistant, Chief Products Officer & CEO of Insurance DivisionMr. Qingshan GuChief Technology Officer of Gamma Division & Insurance DivisionMr. Tsz Fung ChanCompany SecretaryMore ExecutivesKey CompetitorsGlobal Mofy MetaverseNASDAQ:GMMProfessional Diversity NetworkNASDAQ:IPDNLucas GCNASDAQ:LGCLSystem1NYSE:SSTAdTheorentNASDAQ:ADTHView All Competitors OCFT Stock Analysis - Frequently Asked Questions Should I buy or sell OneConnect Financial Technology stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OneConnect Financial Technology in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" OCFT shares. View OCFT analyst ratings or view top-rated stocks. What is OneConnect Financial Technology's stock price target for 2024? 1 Wall Street research analysts have issued 1-year price objectives for OneConnect Financial Technology's shares. Their OCFT share price targets range from $3.50 to $7.00. On average, they anticipate the company's stock price to reach $5.25 in the next year. This suggests a possible upside of 186.9% from the stock's current price. View analysts price targets for OCFT or view top-rated stocks among Wall Street analysts. How have OCFT shares performed in 2024? OneConnect Financial Technology's stock was trading at $3.23 on January 1st, 2024. Since then, OCFT shares have decreased by 43.3% and is now trading at $1.83. View the best growth stocks for 2024 here. When is OneConnect Financial Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 27th 2024. View our OCFT earnings forecast. How were OneConnect Financial Technology's earnings last quarter? OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) issued its quarterly earnings data on Monday, March, 18th. The company reported ($0.31) earnings per share (EPS) for the quarter. The firm earned $128.31 million during the quarter, compared to the consensus estimate of $117.43 million. OneConnect Financial Technology had a negative net margin of 9.90% and a negative trailing twelve-month return on equity of 11.80%. When did OneConnect Financial Technology's stock split? Shares of OneConnect Financial Technology reverse split before market open on Monday, December 12th 2022. The 1-10 reverse split was announced on Monday, December 12th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, December 12th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. When did OneConnect Financial Technology IPO? OneConnect Financial Technology (OCFT) raised $468 million in an IPO on Friday, December 13th 2019. The company issued 36,000,000 shares at a price of $12.00-$14.00 per share. Morgan Stanley, Goldman Sachs (Asia), J.P. Morgan and Ping An of China Securities (Hong Kong) served as the underwriters for the IPO and BofA Securities, HSBC, CLSA and KeyBanc Capital Markets were co-managers. How do I buy shares of OneConnect Financial Technology? Shares of OCFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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