|Bid||20.51 x 800|
|Ask||22.85 x 1200|
|Day's Range||20.78 - 22.33|
|52 Week Range||9.02 - 28.80|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.37|
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.
Shares of OneConnect Financial Technology (NYSE: OCFT) rocketed 103.6% higher in 2020, according to data provided by S&P Global Market Intelligence. Like many software stocks, OneConnect rocketed higher beginning in April, as investors anticipated the acceleration of the digital economy, which was soon borne out by strong financial results. Although the COVID-19 pandemic caused the world economy to plunge into a recession, with financial companies pulling back on lending and other activity, OneConnect still put up impressive numbers, with revenue accelerating throughout the year to last quarter's impressive 50.7% growth.
Financial technology has moved from the innovation fringe of the financial services sector to become the engine of its growth, says Ye Wangchun, Chairman and CEO of OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) ("OneConnect" or "the Company"), the leading technology-as-a-service platform provider.