June 24, 2024

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Epicurean computer & technology

OneConnect Financial Technology (OCFT) Set to Announce Earnings on Wednesday

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OneConnect Economic Know-how (NYSE:OCFTGet Ranking) will issue its quarterly earnings information following the market place closes on Wednesday, May well 25th. Analysts anticipate the firm to announce earnings of ($.12) per share for the quarter. Events interested in registering for the company’s conference phone can do so using this backlink.

OneConnect Economical Technologies (NYSE:OCFTGet Score) previous issued its quarterly earnings success on Thursday, February 24th. The company reported ($.15) EPS for the quarter. The business had profits of $200.24 million for the quarter. OneConnect Monetary Technological know-how had a damaging web margin of 31.00% and a damaging return on equity of 29.06%. On average, analysts assume OneConnect Fiscal Know-how to article $ EPS for the latest fiscal yr and $ EPS for the subsequent fiscal year.

Shares of OCFT opened at $1.39 on Wednesday. The business has a marketplace capitalization of $542.09 million, a selling price-to-earnings ratio of -2.62 and a beta of .40. The inventory has a 50 working day going common of $1.43 and a 200 working day going normal of $1.95. OneConnect Money Technological innovation has a 12 month lower of $.99 and a 12 thirty day period significant of $19.60.

Numerous institutional traders have a short while ago bought and offered shares of the enterprise. UBS Group AG boosted its holdings in shares of OneConnect Economical Technological know-how by 2.8% in the third quarter. UBS Team AG now owns 200,276 shares of the company’s stock value $821,000 after obtaining an added 5,548 shares through the interval. Citigroup Inc. boosted its holdings in shares of OneConnect Fiscal Technology by 9.7% in the 1st quarter. Citigroup Inc. now owns 143,079 shares of the company’s stock worthy of $202,000 just after getting an added 12,637 shares in the course of the period. Cibc Environment Sector Inc. boosted its holdings in shares of OneConnect Economic Know-how by 24.6% in the first quarter. Cibc Environment Sector Inc. now owns 73,805 shares of the company’s inventory worth $104,000 after buying an supplemental 14,574 shares in the course of the interval. Susquehanna International Group LLP boosted its holdings in shares of OneConnect Economical Technological innovation by 42.5% in the fourth quarter. Susquehanna Intercontinental Team LLP now owns 93,055 shares of the company’s inventory value $230,000 just after buying an additional 27,740 shares during the period. Eventually, XTX Topco Ltd bought a new situation in shares of OneConnect Economic Engineering in the to start with quarter well worth $41,000. 14.91% of the inventory is owned by hedge money and other institutional traders.

A range of analysts have issued studies on OCFT shares. JPMorgan Chase & Co. downgraded OneConnect Monetary Technologies from a “neutral” ranking to an “underweight” score in a study report on Monday, March 14th. HSBC downgraded OneConnect Financial Technologies from a “buy” ranking to a “hold” ranking in a investigation report on Thursday, February 24th. Last but not least, Zacks Investment Study raised OneConnect Financial Know-how from a “sell” rating to a “hold” rating in a investigation report on Thursday, April 21st. A single investigate analyst has rated the inventory with a provide score, three have assigned a hold score and two have assigned a invest in rating to the company’s stock. Dependent on knowledge from MarketBeat.com, OneConnect Money Technological innovation has a consensus ranking of “Hold” and a consensus price goal of $9.50.

OneConnect Fiscal Technological know-how Enterprise Profile (Get Score)

OneConnect Money Technology Co, Ltd. provides cloud-system-based mostly Fintech options, and on the web information and facts and working assist expert services for financial establishments in the People’s Republic of China. It gives electronic retail banking, electronic business banking, digital car insurance plan and lifetime insurance plan, and artificial intelligence buyer providers, as very well as revenue administration, risk administration, and procedure guidance expert services.

Proposed Tales

Earnings History for OneConnect Financial Technology (NYSE:OCFT)



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