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OneConnect Financial Technology Stock Forecast, Price & News

+0.39 (+1.87 %)
(As of 10/21/2020 12:00 AM ET)
Today's Range
Now: $21.22
50-Day Range N/A
52-Week Range
Now: $21.22
Volume500,242 shs
Average Volume536,642 shs
Market Capitalization$7.76 billion
P/E RatioN/A
Dividend YieldN/A
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 digital retail banking, small and medium enterprises (SME) financing and services, retail and SME banking risk-management, auto insurance operations and services, asset management, asset-liability management, artificial intelligence customer service, core systems, and insurance sales management solutions. The company also operates Regtech, an end-to-end regulatory solution to help regulatory authorities automate and digitalize their operations; Gamma O, an open API platform-as-a-service for reusable financial technology components and integrations; and Blockchain network-as-a-service. In addition, it provides technology infrastructure, such as data management and cloud services. The company serves customers in the financial services industry, including banking, insurance, and asset management. OneConnect Financial Technology Co., Ltd. was founded in 2015 and is headquartered in Shenzhen, the People's Republic of China. OneConnect Financial Technology Co., Ltd. has a strategic agreement with the Hainan Local Financial Supervision Administration to develop smart financial and smart supervision services in the island province of Hainan, as well as the financial sector in Hainan free trade port. OneConnect Financial Technology Co., Ltd. is a subsidiary of Sen Rong Limited.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 0.0Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.13 out of 5 stars

Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Phone86 85 2376 29357



Sales & Book Value

Annual Sales$330.51 million
Book Value$1.79 per share



Market Cap$7.76 billion
Next Earnings DateN/A
OptionableNot Optionable
+0.39 (+1.87 %)
(As of 10/21/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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OneConnect Financial Technology (NYSE:OCFT) Frequently Asked Questions

How were OneConnect Financial Technology's earnings last quarter?

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) issued its quarterly earnings results on Tuesday, August, 4th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.46. The business earned $109.27 million during the quarter, compared to analysts' expectations of $111.66 million.
View OneConnect Financial Technology's earnings history

Who are some of OneConnect Financial Technology's key competitors?

Who are OneConnect Financial Technology's key executives?

OneConnect Financial Technology's management team includes the following people:
  • Dr. Wangchun Ye, Chairman & CEO (Age 65)
  • Mr. Wei Jye Lo, Chief Financial Officer (Age 43)
  • Mr. Li Jie, Chief Technology Officer
  • Patricia Cheng, Investor Relations Officer
  • Ms. Rong Chen, Co-GM & Director (Age 52)

When did OneConnect Financial Technology IPO?

(OCFT) raised $468 million in an IPO on Friday, December 13th 2019. The company issued 36,000,000 shares at $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.

What is OneConnect Financial Technology's stock symbol?

OneConnect Financial Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "OCFT."

How do I buy shares of OneConnect Financial Technology?

Shares of OCFT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is OneConnect Financial Technology's stock price today?

One share of OCFT stock can currently be purchased for approximately $21.22.

How big of a company is OneConnect Financial Technology?

OneConnect Financial Technology has a market capitalization of $7.76 billion and generates $330.51 million in revenue each year. The company earns $-240,280,000.00 in net income (profit) each year or ($0.75) on an earnings per share basis. OneConnect Financial Technology employs 3,631 workers across the globe.

What is OneConnect Financial Technology's official website?

The official website for OneConnect Financial Technology is www.ocft.com.

How can I contact OneConnect Financial Technology?

OneConnect Financial Technology's mailing address is 55F PING AN FINANCIAL CENTER NO. 5033 YITIAN ROAD, SHENZHEN F4, 518000. The company can be reached via phone at 86 85 2376 29357 or via email at [email protected]

This page was last updated on 10/22/2020 by MarketBeat.com Staff

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