OneConnect Financial Technology Co., Ltd. (NYSE:OCFT - Get Free Report) saw a significant decrease in short interest in November. As of November 15th, there was short interest totalling 58,700 shares, a decrease of 33.1% from the October 31st total of 87,800 shares. Currently, 0.2% of the company's shares are sold short. Based on an average daily trading volume, of 128,100 shares, the days-to-cover ratio is currently 0.5 days.
OneConnect Financial Technology Stock Up 1.6 %
Shares of OCFT traded up $0.04 during trading hours on Friday, reaching $2.50. The company's stock had a trading volume of 5,750 shares, compared to its average volume of 48,205. The firm has a market cap of $97.50 million, a price-to-earnings ratio of 22.73 and a beta of 0.67. OneConnect Financial Technology has a 1-year low of $0.87 and a 1-year high of $4.98. The company has a 50 day moving average of $2.49 and a two-hundred day moving average of $1.94.
OneConnect Financial Technology Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider OneConnect Financial Technology, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and OneConnect Financial Technology wasn't on the list.
While OneConnect Financial Technology currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
