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NYSE:OCFT

OneConnect Financial Technology (OCFT) Stock Price, News & Analysis

OneConnect Financial Technology logo
$6.13 +0.02 (+0.33%)
As of 03:40 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About OneConnect Financial Technology Stock (NYSE:OCFT)

Key Stats

Today's Range
$5.95
$6.18
50-Day Range
$4.35
$6.82
52-Week Range
$0.87
$6.90
Volume
5,756 shs
Average Volume
72,643 shs
Market Capitalization
$239.06 million
P/E Ratio
55.73
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. It also provides intelligent product development platform for banks, which allows to shorten product development cycle, enhance speed to market, and facilitate product portfolio management; Regtech, an end-to-end regulatory solution for financial regulatory authorities; asset-liability management solution provides analytics to enhance financial institutions asset liquidity performance; and digital insurance solutions for digitalizing the insurance process, marketing, customer management, and claim processing under intelligent property and casualty insurance and life insurance solution. In addition, the company provides Gamma Voice Solution, an AI customer service for support customer service functions; and Gamma FinCloud, which allows entities with expensive-to-replace legacy systems to directly migrate to the cloud to securely maintain their data. Further, it offers information transmission, information technology advisory, E-commerce security certificate administration, technology promotion and computer application, software and technology, insurance survey and loss adjustment, and asset management and consulting services. The company was founded in 2015 and is headquartered in Shenzhen, the People's Republic of China.

OneConnect Financial Technology Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
12th Percentile Overall Score

OCFT MarketRank™: 

OneConnect Financial Technology scored higher than 12% of companies evaluated by MarketBeat, and ranked 318th out of 321 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for OneConnect Financial Technology.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of OneConnect Financial Technology is 55.73, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.00.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of OneConnect Financial Technology is 55.73, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 31.33.

  • Price to Book Value per Share Ratio

    OneConnect Financial Technology has a P/B Ratio of 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about OneConnect Financial Technology's valuation and earnings.
  • Percentage of Shares Shorted

    0.25% of the float of OneConnect Financial Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    OneConnect Financial Technology has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in OneConnect Financial Technology has recently decreased by 0.87%, indicating that investor sentiment is improving.
  • Dividend Yield

    OneConnect Financial Technology does not currently pay a dividend.

  • Dividend Growth

    OneConnect Financial Technology does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.25% of the float of OneConnect Financial Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    OneConnect Financial Technology has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in OneConnect Financial Technology has recently decreased by 0.87%, indicating that investor sentiment is improving.
  • News Sentiment

    OneConnect Financial Technology has a news sentiment score of 0.37. 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 lower news sentiment than the 0.76 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for OneConnect Financial Technology this week, compared to 0 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added OneConnect Financial Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
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OCFT Stock Analysis - Frequently Asked Questions

OneConnect Financial Technology's stock was trading at $2.43 at the start of the year. Since then, OCFT stock has increased by 152.3% and is now trading at $6.13.
View the best growth stocks for 2025 here
.

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) released its quarterly earnings results on Tuesday, March, 18th. The company reported ($0.45) earnings per share for the quarter. The business had revenue of $57.74 million for the quarter. OneConnect Financial Technology had a net margin of 0.95% and a negative trailing twelve-month return on equity of 6.05%.

OneConnect Financial Technology shares reverse split on the morning of 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 closing bell 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.

OneConnect Financial Technology (OCFT) raised $468 million in an initial public offering 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) acted as the underwriters for the IPO and BofA Securities, HSBC, CLSA and KeyBanc Capital Markets were co-managers.

Top institutional investors of OneConnect Financial Technology include E Fund Management Hong Kong Co. Ltd. (0.07%).

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that OneConnect Financial Technology investors own include NVIDIA (NVDA), Meta Platforms (META), CrowdStrike (CRWD), Li Auto (LI), Broadcom (AVGO), ServiceNow (NOW).

Company Calendar

Last Earnings
3/18/2025
Today
5/05/2025
Next Earnings (Estimated)
5/20/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Computer programming, data processing, & other computer related
Sub-Industry
Computer Software
Current Symbol
NYSE:OCFT
Fax
N/A
Employees
3,840
Year Founded
N/A

Profitability

Trailing P/E Ratio
55.51
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-51,250,000.00
Pretax Margin
-7.06%

Debt

Sales & Book Value

Annual Sales
$2.25 billion
Price / Cash Flow
N/A
Book Value
$10.68 per share
Price / Book
0.57

Miscellaneous

Free Float
N/A
Market Cap
$238.13 million
Optionable
Optionable
Beta
0.51

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This page (NYSE:OCFT) was last updated on 5/5/2025 by MarketBeat.com Staff
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