Financial OneConnect (OCFT, Financial) experienced a notable stock price increase, rising by 5.00%. The stock is currently priced at $2.31 per share, with a trading volume of 8,821 shares and a turnover rate of 0.02%. The stock's amplitude reached 7.27%.
Recent financial reports show that Financial OneConnect generated revenue of $58.19 million, with a net loss of $4.12 million. The earnings per share stood at -$0.11, and the gross profit was $19.05 million, resulting in a price-to-earnings ratio of 17.61.
In terms of institutional ratings, the company received a 100% buy recommendation from the sole participating brokerage, with no hold or sell suggestions. The software services industry, where Financial OneConnect operates, saw an overall decline of 0.32%.
Within the industry, stocks like Palladyne Ai Corp, Ilearningengines Inc, and Rezolve Ai Ltd saw significant gains. Meanwhile, Bakkt Holdings, Cemtrex Inc., and Next Technology Holding Inc. were notably active, with turnover rates of 63.33%, 23.69%, and 23.24%, respectively. Stocks with high amplitude included Palladyne Ai Corp at 517.02%, Hub Cyber Security Ltd at 78.60%, and Wag Group Co at 70.00%.
Financial OneConnect, also known as Shenzhen OneConnect Smart Technology Co., Ltd., provides a technology platform that combines financial services with market technology. It offers cloud-based solutions for financial institutions in China, covering banking, insurance, and asset management sectors. The company's services span sales, marketing, risk management, customer service, operations, data management, and cloud services, divided into technology solutions and virtual banking business segments.
