OneConnect Financial Technology (NYSE:OCFT) Shares Down 5.4%
Shares of OneConnect Financial Technology Co., Ltd. (NYSE:OCFT – Get Rating) traded down 5.4% during trading on Friday . The company traded as low as $2.10 and last traded at $2.12. 11,907 shares traded hands during trading, a decline of 100% from the average session volume of 2,473,097 shares. The stock had previously closed at $2.24.
Separately, JPMorgan Chase & Co. cut shares of OneConnect Financial Technology from a “neutral” rating to an “underweight” rating in a research note on Monday, March 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price...