The stock of Oneconnect Financial Technology Co Ltd ADR (OCFT) has seen a 37.97% increase in the past week, with a 59.43% gain in the past month, and a 104.89% flourish in the past quarter. The volatility ratio for the week is 9.25%, and the volatility levels for the past 30 days are at 10.41% for OCFT. The simple moving average for the last 20 days is 37.98% for OCFT stock, with a simple moving average of 125.36% for the last 200 days.
Is It Worth Investing in Oneconnect Financial Technology Co Ltd ADR (NYSE: OCFT) Right Now?
The price-to-earnings ratio for Oneconnect Financial Technology Co Ltd ADR (NYSE: OCFT) is above average at 38.83x. The 36-month beta value for OCFT is also noteworthy at 0.59. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for OCFT is 36.39M, and at present, short sellers hold a 0.20% of that float. The average trading volume of OCFT on February 28, 2025 was 35.17K shares.
OCFT) stock’s latest price update
The stock price of Oneconnect Financial Technology Co Ltd ADR (NYSE: OCFT) has surged by 17.32 when compared to previous closing price of 4.35, but the company has seen a 37.97% gain in its stock price over the last five trading sessions. prnewswire.com reported 2025-02-13 that SHANGHAI, Feb. 13, 2025 /PRNewswire/ — OneConnect Financial Technology Co., Ltd (“OneConnect” or the “Company”, NYSE: OCFT, HKSE: 6638), a business technology service provider for financial institutions, launches its proprietary AI Agent Platform, integrating cutting-edge open-source large language models including DeepSeek and Qwen to deliver a comprehensive AI solution tailored specifically for the banking industry. This innovative initiative aims to accelerate the digital transformation of the banking sector, enabling financial institutions to enhance operational efficiency and improve customer experience through advanced AI capabilities.
Analysts’ Opinion of OCFT
Goldman, on the other hand, stated in their research note that they expect to see OCFT reach a price target of $2.20. The rating they have provided for OCFT stocks is “Neutral” according to the report published on April 11th, 2022.
HSBC Securities gave a rating of “Hold” to OCFT, setting the target price at $1.50 in the report published on February 24th of the previous year.
OCFT Trading at 64.60% from the 50-Day Moving Average
After a stumble in the market that brought OCFT to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.45% of gains for the given period.
Volatility was left at 10.41%, however, over the last 30 days, the volatility rate increased by 9.25%, as shares surge +43.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +91.60% upper at present.
During the last 5 trading sessions, OCFT rose by +32.65%, which changed the moving average for the period of 200-days by +139.27% in comparison to the 20-day moving average, which settled at $3.69. In addition, Oneconnect Financial Technology Co Ltd ADR saw 109.95% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for OCFT
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- 0.37 for the gross margin
The net margin for Oneconnect Financial Technology Co Ltd ADR stands at 0.01. The total capital return value is set at -0.08. Equity return is now at value -5.85, with -2.75 for asset returns.
Based on Oneconnect Financial Technology Co Ltd ADR (OCFT), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -3.26. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -13.67.
Currently, EBITDA for the company is -140.84 million with net debt to EBITDA at 10.64. When we switch over and look at the enterprise to sales, we see a ratio of -0.56. The receivables turnover for the company is 2.41for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.13.
Conclusion
In summary, Oneconnect Financial Technology Co Ltd ADR (OCFT) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
