Shares of OneConnect Financial Technology Co., Ltd. (NYSE:OCFT - Get Free Report) shot up 1.6% during trading on Tuesday . The stock traded as high as $6.22 and last traded at $5.96. 100,083 shares changed hands during trading, an increase of 41% from the average session volume of 71,215 shares. The stock had previously closed at $5.86.
OneConnect Financial Technology Stock Up 6.9 %
The stock's 50-day moving average price is $5.49 and its 200 day moving average price is $3.63. The company has a market cap of $235.55 million, a P/E ratio of 54.91 and a beta of 0.46.
OneConnect Financial Technology (NYSE:OCFT - Get Free Report) last announced its earnings results on Tuesday, March 18th. The company reported ($0.45) EPS for the quarter. OneConnect Financial Technology had a negative return on equity of 6.05% and a net margin of 0.95%. The firm had revenue of $57.74 million during the quarter.
About OneConnect Financial Technology
(
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.
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