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OneConnect (OCFT) Looks Good: Stock Adds 7.2% in Session

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OneConnect Financial Technology Co., Ltd. (OCFT - Free Report) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock, which remained volatile and traded within the range of $12.57-$19.26 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

OneConnect currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

OneConnect Financial Technology Co., Ltd. Sponsored ADR Price

Investors interested in the Technology Services industry may consider Boxlight Corporation (BOXL - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. 

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This young company’s gigantic growth was hidden by low-volume trading, then cut short by the coronavirus. But its digital products stand out in a region where the internet economy has tripled since 2015 and looks to triple again by 2025.

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Boxlight Corporation (BOXL) - free report >>

OneConnect Financial Technology Co., Ltd. Sponsored ADR (OCFT) - free report >>

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