OneConnect Financial Technology Co. Ltd. (OCFT) EPS growth this year is 23.50%: Get Prepared for Trading Lift Off
Witnessing the stock’s movement on the chart, on June 09, 2021, OneConnect Financial Technology Co. Ltd. (NYSE: OCFT) had a quiet start as it plunged -0.16% to $12.69. During the day, the stock rose to $13.015 and sunk to $12.45 before settling in for the price of $12.71 at the close. Taking a more long-term approach, OCFT posted a 52-week range of $12.58-$28.80.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 23.50%. This publicly-traded company’s shares outstanding now amounts to $368.22 million, simultaneously with a float of $235.52 million. The organization now has a market capitalization sitting at $5.13 billion. At the time of writing, stock’s 50-day Moving Average stood at $15.05, while the 200-day Moving Average is $18.99.
It is quite necessary to find out the efficiency of the corporate organization, which has 3597 number of employees on its payroll. It has generated 133,413 per worker during the last fiscal year. Meanwhile, its income per employee was -54,521. The stock had 3.13 Receivables turnover and 0.31 Total Asset turnover. For the Profitability, stocks gross margin was +33.23, operating margin was -46.15 and Pretax Margin of -46.60.
OneConnect Financial Technology Co. Ltd. (OCFT) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Application industry. OneConnect Financial Technology Co. Ltd.’s current insider ownership accounts for 0.26%, in contrast to 17.00% institutional ownership.
OneConnect Financial Technology Co. Ltd. (OCFT) Earnings and Revenue Records
As on 3/30/2021, Multinational firm has announced its last quarter scores, in which it reported -$0.13 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.16) by $0.03. This company achieved a net margin of -40.87 while generating a return on equity of -27.59. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
OneConnect Financial Technology Co. Ltd.’s EPS increase for this current 12-month fiscal period is 23.50% and is forecasted to reach -0.22 in the upcoming year.
OneConnect Financial Technology Co. Ltd. (NYSE: OCFT) Trading Performance Indicators
Let’s observe the current performance indicators for OneConnect Financial Technology Co. Ltd. (OCFT). It’s Quick Ratio in the last reported quarter now stands at 1.90. The Stock has managed to achieve an average true range (ATR) of 1.00. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.25.
In the same vein, OCFT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.53, a figure that is expected to reach -0.13 in the next quarter, and analysts are predicting that it will be -0.22 at the market close of one year from today.
Technical Analysis of OneConnect Financial Technology Co. Ltd. (OCFT)
Going through the that latest performance of [OneConnect Financial Technology Co. Ltd., OCFT]. Its last 5-days volume of 1.63 million indicated improvement to the volume of 0.77 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 2.71% While, its Average True Range was 0.99.
Raw Stochastic average of OneConnect Financial Technology Co. Ltd. (OCFT) in the period of the previous 100 days is set at 2.12%, which indicates a major fall in contrast to 3.36% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 93.62% that was higher than 63.29% volatility it exhibited in the past 100-days period.