As on October 26, 2021, OneConnect Financial Technology Co. Ltd. (NYSE: OCFT) started slowly as it slid -3.85% to $3.50. During the day, the stock rose to $3.65 and sunk to $3.43 before settling in for the price of $3.64 at the close. Taking a more long-term approach, OCFT posted a 52-week range of $3.46-$24.95.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 23.50%. This publicly-traded company’s shares outstanding now amounts to $369.48 million, simultaneously with a float of $236.19 million. The organization now has a market capitalization sitting at $1.45 billion. At the time of writing, stock’s 50-day Moving Average stood at $4.12, while the 200-day Moving Average is $12.06.
Let’s gauge the efficiency of the firm, which has a total of 3597 employees. 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
Another important factor to analyze is how key investors are playing towards the stock of the Software – Application industry. OneConnect Financial Technology Co. Ltd.’s current insider ownership accounts for 0.26%, in contrast to 18.60% institutional ownership.
OneConnect Financial Technology Co. Ltd. (OCFT) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 6/29/2021, the company posted -$0.14 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.13) by -$0.01. 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 -0.12 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 -2.05 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 1.70. The Stock has managed to achieve an average true range (ATR) of 0.25. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.48.
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 -0.79 in the next quarter, and analysts are predicting that it will be -2.05 at the market close of one year from today.
Technical Analysis of OneConnect Financial Technology Co. Ltd. (OCFT)
Through scrutinizing the latest numbers posted by the [OneConnect Financial Technology Co. Ltd., OCFT], it can be observed that its last 5-days Average volume of 1.02 million was lower the volume of 1.1 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 25.70% While, its Average True Range was 0.24.
Raw Stochastic average of OneConnect Financial Technology Co. Ltd. (OCFT) in the period of the previous 100 days is set at 0.68%, which indicates a major fall in contrast to 12.28% 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 68.28% that was lower than 80.78% volatility it exhibited in the past 100-days period.