How to Buy Oneconnect Financial Technology Co Stock
Oneconnect Financial Technology Co Ltd
OneConnect Financial Technology Co. , Ltd. provides cloud-platform-based Fintech solutions, and online information and operating support services for financial institutions in the People's Republic of China.
Oneconnect Financial Technology Co stock last closed at $2.04, up 0.49% from the previous day, and has decreased 60.39% in one year. It has underperformed other stocks in the Software - Application industry by 0.81 percentage points. Oneconnect Financial Technology Co stock is currently +16.57% from its 52-week low of $1.75, and -66% from its 52-week high of $6.00.
As of May 1, 2024, there are 1.17B OCFT shares outstanding. The market value of OCFT is $78.76M. In the last 24 hours, 7181 OCFT shares were traded.
How to Buy Oneconnect Financial Technology Co Stock
Wondering how to invest in Oneconnect Financial Technology Co stock? Here's how.
- Decide where to buy Oneconnect Financial Technology Co stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Oneconnect Financial Technology Co stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Select your payment method and add your details.
- Research Oneconnect Financial Technology Co stock: The Oneconnect Financial Technology Co ticker symbol is OCFT. Is Oneconnect Financial Technology Co stock a good investment? Should you buy shares of OCFT? How do OCFT's underlying business fundamentals look? Do top analysts think Oneconnect Financial Technology Co is a good buy? Why has OCFT's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if OCFT is a good stock to buy).
- Make your OCFT purchase: Decide if you will purchase OCFT shares at the current market price or use a limit order to buy OCFT stock at a given price.
- Keep an eye on your investment in OCFT: Create a watchlist to get live updates on your position in Oneconnect Financial Technology Co stock.
Step 1: Decide where to buy Oneconnect Financial Technology Co stock
You need an online brokerage account in order to access the NYSE market and buy OCFT stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal details so you are able to invest in OCFT today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your brokerage account
Now that you've finished signing up on one of the most highly reviewed stock apps, you can securely and quickly fund your account:
Check out this video walkthrough if you need help transferring funds into your brokerage account.
Step 4: Research Oneconnect Financial Technology Co stock
After you have decided on the best place to buy Oneconnect Financial Technology Co stock, it's very important to research their stock before you buy, so you can understand the risk and opportunity.
Oneconnect Financial Technology Co Numbers
Fundamentals of Oneconnect Financial Technology Co
WallStreetZen was designed to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on OCFT's stock page.
What is the fair value of OCFT stock?
Investors use many financial metrics, analyses, models, and charts to gauge OCFT's intrinsic value.
Using relative valuations measures:
- OCFT could be undervalued based on its P/B ratio of 0.19x, relative to Software - Application industry P/B ratio of 6.35x
You can do additional valuation research on OCFT's stock here.
OCFT Financial Summary
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the OCFT balance sheet.
- OCFT has cash burn of 94776071. It has sufficient cash and short-term investments to cover this for at least one year.
- OCFT has $499.14M in cash and short term investments. This is sufficient to cover its annual cash burn of $94.78M.
- There are more short-term assets than short-term liabilities on the OCFT balance sheet.
- OCFT profit margin has gone up from -19.5% to -9.9% in the past year.
Negative Health Checks:
- OCFT has a relatively high debt to equity ratio of 1.73.
- Total OCFT debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy OCFT stock
Out of 1 Equities analysts who monitor OCFT, the consensus analyst rating on Oneconnect Financial Technology Co is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Oneconnect Financial Technology Co stock forecast page.
OCFT Technical Indicators
OCFT Performance Metrics
Last year, OCFT revenue was $507.26M. During the last five year, OCFT's revenue has gone up by 20.39% per year. This was slower than the Software - Application industry average of 26.27%.
You can research OCFT's earnings and revenue performance here.
Who is buying/selling OCFT?
In the past year, executives and large shareholders at OCFT have not bought or sold any shares.
Dig into more about who owns OCFT shares here.
Does OCFT provide a stable income stream?
No, Oneconnect Financial Technology Co doesn't provide an income stream by paying out dividends.
OCFT Social Trading Data
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Step 5: Make your OCFT purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, use a limit order.
Hit the Open button and your broker will execute the order.
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Step 6: Keep an eye on your investment in OCFT
Now that you own some shares in OCFT, you'll want to stay up-to-date on your new investment.
Add OCFT to a watchlist to get notified of the latest news about your OCFT stock.
OCFT Feed
How to Buy Stock in Oneconnect Financial Technology Co
To summarize, here are the 6 steps to buy Oneconnect Financial Technology Co stock:
- Decide where to buy Oneconnect Financial Technology Co stock
- Open your brokerage account
- Fund your brokerage account
- Research Oneconnect Financial Technology Co stock
- Make your OCFT purchase
- Keep an eye on your investment in OCFT
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Oneconnect Financial Technology Co, create your watchlist below.
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