5 Best AI Penny Stocks Under $1

Page 5 of 5

1. OneConnect Financial Technology Co., Ltd. (NYSE:OCFT)

Number of Hedge Fund Holders: 8  

Share Price as of December 3: $0.73

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) provides cloud-platform-based Fintech solutions and online information and operating support services for financial institutions in the People’s Republic of China. The firm uses AI software to automate the lending business. 

On August 18, investment advisory Citi maintained a Buy rating on OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) stock and lowered the price target to $1.59 from $1.85. Analyst Judy Zhang issued the ratings update. 

At the end of the third quarter of 2022, 8 hedge funds in the database of Insider Monkey held stakes worth $5.7 million in OneConnect Financial Technology Co., Ltd. (NYSE:OCFT), compared to 8 in the preceding quarter worth $9.7 million. 

You can also take a peek at 11 Best Micro-cap Dividend Stocks To Buy and 15 Best E-Commerce Stocks To Buy.

Page 5 of 5