NYSE:OCFT OneConnect Financial Technology (OCFT) Stock Price, News & Analysis $1.65 +0.02 (+1.23%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$1.60▼$1.6550-Day Range$1.60▼$2.3252-Week Range$1.57▼$4.00Volume4,858 shsAverage Volume18,109 shsMarket Capitalization$64.35 millionP/E RatioN/ADividend YieldN/APrice Target$7.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get OneConnect Financial Technology alerts: Email Address OneConnect Financial Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside324.2% Upside$7.00 Price TargetShort InterestHealthy0.03% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.34Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee 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.1.63 out of 5 starsBusiness Services Sector236th out of 317 stocksComputer Programming, Data Processing, & Other Computer Related Industry44th out of 60 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 received no research coverage in the past 90 days.Read more about OneConnect Financial Technology's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.03% 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 0.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in OneConnect Financial Technology has recently increased by 36.76%, indicating that investor sentiment is decreasing 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 1.9 News and Social Media Coverage News SentimentOneConnect Financial Technology has a news sentiment score of 0.34. 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 0.56 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. 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.Read more about OneConnect Financial Technology's insider trading history. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of OneConnect Financial Technology is -1.20, 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 -1.20, 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 0.15. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. 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 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.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 HeadlinesMay 28, 2024 | finanznachrichten.deOneConnect Financial Technology Co., Ltd.: OneConnect Announces 2024 Annual General Meeting ResultsMay 28, 2024 | finance.yahoo.comOneConnect Announces 2024 Annual General Meeting ResultsJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.May 21, 2024 | finanznachrichten.deOneConnect Financial Technology Co., Ltd.: OneConnect Announces First Quarter 2024 Unaudited Financial ResultsMay 21, 2024 | finance.yahoo.comOneConnect Announces First Quarter 2024 Unaudited Financial ResultsMay 17, 2024 | investing.comOneconnect Financial Technology Co (OCFT)May 8, 2024 | finance.yahoo.comOneConnect to Announce First Quarter 2024 Financial ResultsApril 23, 2024 | finance.yahoo.comOneConnect Files Annual Report on Form 20-FJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.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 TranscriptMarch 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 OCFTSee 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 Earnings5/21/2024Today7/26/2024Next Earnings (Estimated)8/21/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Computer programming, data processing, & other computer related Sub-IndustryComputer Software Current SymbolNYSE:OCFT CUSIPN/A CIK1780531 Webwww.ocft.com Phone852-3757-9718FaxN/AEmployees2,440Year FoundedN/APrice Target and Rating Average Stock Price Target$7.00 High Stock Price Target$7.00 Low Stock Price Target$7.00 Potential Upside/Downside+324.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($1.38) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-51,250,000.00 Net Margins-10.33% Pretax Margin-8.81% Return on Equity-10.21% Return on Assets-3.70% Debt Debt-to-Equity RatioN/A Current Ratio1.32 Quick Ratio1.32 Sales & Book Value Annual Sales$518.92 million Price / Sales0.12 Cash FlowN/A Price / Cash FlowN/A Book Value$10.68 per share Price / Book0.15Miscellaneous Outstanding Shares39,000,000Free FloatN/AMarket Cap$64.35 million OptionableOptionable Beta0.61 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Chong Feng Shen (Age 53)Chairman of the Board & CEO Comp: $789.43kMr. 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 CompetitorsOutbrainNASDAQ:OBLucas GCNASDAQ:LGCLSystem1NYSE:SSTSangoma TechnologiesNASDAQ:SANGSify TechnologiesNASDAQ:SIFYView All CompetitorsInstitutional OwnershipM&G PlcSold 56,435 shares on 7/16/2024Ownership: 3.252%M&G PlcBought 1,324,592 shares on 5/10/2024Ownership: 3.396%Acadian Asset Management LLCSold 16,727 shares on 5/10/2024Ownership: 0.071%View All Institutional Transactions OCFT Stock Analysis - Frequently Asked Questions How have OCFT shares performed this year? OneConnect Financial Technology's stock was trading at $3.23 at the beginning of 2024. Since then, OCFT shares have decreased by 48.9% and is now trading at $1.65. View the best growth stocks for 2024 here. How were OneConnect Financial Technology's earnings last quarter? OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) issued its quarterly earnings results on Tuesday, May, 21st. The company reported ($0.21) EPS for the quarter. The business had revenue of $101.02 million for the quarter. OneConnect Financial Technology had a negative net margin of 10.33% and a negative trailing twelve-month return on equity of 10.21%. When did OneConnect Financial Technology's stock split? 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 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. Who are OneConnect Financial Technology's major shareholders? OneConnect Financial Technology's top institutional shareholders include M&G Plc (3.25%). 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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