Shares of OneConnect Financial Technology Co. Ltd. American Depositary Shares each representing three (NYSE:OCFT) traded at a new 52-week low today of $9.26. This new low was reached on below average trading volume as 168,000 shares traded hands, while the average 30-day volume is approximately 1.6 million shares.
OneConnect Financial Technology Co Ltd is a provider of technology platforms that enable digital transformations. Its platform provides cloud-native technology solutions that integrate financial services with market technology. The company offers technology applications and technology-enabled business services to financial institutions in China. Its technology solutions cover multiple verticals in the financial services industry, including banking, insurance and asset management, across the full scope of their businesses from sales and marketing and risk management to customer services and operations, as well as technology infrastructures such as data management and cloud services.
OneConnect Financial Technology Co. Ltd. American Depositary Shares each representing three share prices have moved between a 52-week high of $27.53 and the current low of $9.26 and are currently at $9.51 per share.
Based on a current price of $9.51, OneConnect Financial Technology Co. Ltd. American Depositary Shares each representing three is currently 25.0% above its average consensus analyst price target of $7.13.
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