How Does OneConnect Financial Tech Co Ltd ADR (OCFT) Stock Rank on Wall Street Friday?

Friday, December 03, 2021 10:54 AM | InvestorsObserver Analysts

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InvestorsObserver is giving OneConnect Financial Tech Co Ltd ADR (OCFT) an Analyst Rating Rank of 4, meaning OCFT is ranked higher by analysts than 4% of stocks. The average price target for OCFT is $5.666 and analyst’s rate the stock as a Hold.

Wall Street analysts are rating OCFT a Hold today. Find out what this means to you and get the rest of the rankings on OCFT!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With OneConnect Financial Tech Co Ltd ADR Stock Today?

OneConnect Financial Tech Co Ltd ADR (OCFT) stock is trading at $2.23 as of 10:52 AM on Friday, Dec 3, a decline of -$0.31, or -12.2% from the previous closing price of $2.54. The stock has traded between $2.21 and $2.50 so far today. Volume today is low. So far 640,555 shares have traded compared to average volume of 2,272,480 shares. Click Here to get the full Stock Report for OneConnect Financial Tech Co Ltd ADR stock.

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