OneConnect Financial Technology Co Ltd
Change company Symbol lookup
Select an option...
OCFT OneConnect Financial Technology Co Ltd
JRVR James River Group Holdings Ltd
DIDIY DiDi Global Inc
SHOP Shopify Inc
NTR Nutrien Ltd
APGN Apexigen Inc
NSRGY Nestle SA
WE WeWork Inc
NOK Nokia Oyj
HLNE Hamilton Lane Inc
Go

Information Technology : Software | Small Cap Value
Based in China
Company profile

OneConnect Financial Technology Co Ltd is a holding company providing technology-as-a-service for the financial services industry. The Company’s integrated technology solutions span digital retail banking, digital commercial banking, and digital insurance segments with comprehensive solutions, encompassing sales management, risk management and operation support services within each segment. The Company builds and operates a Gamma Platform, which is a technology infrastructural platform for financial institutions. The Company’s product and service offerings can be deployed either on an integrated basis to deliver full-stack end-to-end solutions or on an incremental basis to quickly respond to customer requirements.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Price
Delayed
$1.25
Day's Change
0.05 (4.17%)
Bid
--
Ask
--
B/A Size
--
Day's High
1.46
Day's Low
1.24
Volume
(Heavy Day)

Today's volume of 684,364 shares is on pace to be much greater than OCFT's 10-day average volume of 459,529 shares.

684,364

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Digital Turbine, Inc. - APPS

12:26 pm ET July 1, 2022 (Globe Newswire) Print

EQNX::TICKER_START (NASDAQ:APPS), EQNX::TICKER_END Pomerantz LLP is investigating claims on behalf of investors of Digital Turbine, Inc. ("Digital Turbine" or the "Company") (NASDAQ: APPS). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.

The investigation concerns whether Digital Turbine and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On May 17, 2022, Digital Turbine issued a press release "announc[ing] . . . that it will restate its financial statements for the interim periods ended June 30, 2021, September 30, 2021, and December 31, 2021, following a review of the presentation of revenue net of license fees and revenue share for the Company's recently acquired businesses." Digital Turbine specified that "[t]he revenue for certain product lines of the recently acquired businesses, which are separate reportable segments, will now be reported net of license fees and revenue share, rather than on a gross basis, as had been previously reported. The changes have the offsetting effect of decreasing both revenue and license fees and revenue share in a like amount, while simultaneously increasing reported gross profit margin and Non-GAAP Adjusted EBITDA margin, in the interim financial statements for each relevant period. There is no change to the previously reported GAAP income from operations, GAAP net income/loss, Non-GAAP gross profit, Non-GAAP Adjusted EBITDA and Non-GAAP free cash flow results. Restated interim consolidated financial statements for each of the affected quarters will be filed as amendments to the respective Company's Form 10-Q filings with the Securities and Exchange Commission on or before May 31, 2022."

On this news, Digital Turbine's stock price fell $1.93 per share, or 7.09%, to close at $25.28 per share on May 18, 2022.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com

CONTACT:

Robert S. Willoughby

Pomerantz LLP

rswilloughby@pomlaw.com

888-476-6529 ext. 7980

https://ml.globenewswire.com/media/MWU4NWU5ZjYtNjMzOC00NmMwLWE5N2EtMzlhNTNjNmM3NTg4LTEwMjkyMTc=/tiny/Pomerantz-LLP.png

https://ml.globenewswire.com/media/MWU4NWU5ZjYtNjMzOC00NmMwLWE5N2EtMzlhNTNjNmM3NTg4LTEwMjkyMTc=/tiny/Pomerantz-LLP.png

comtex tracking

COMTEX_409535906/2010/2022-07-01T12:26:14

Earnings Calendar and Events Data provided by |Terms of Use| © 2022 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., ,, and

Copyright © 2022. All rights reserved.