OneConstruction Group (NASDAQ:ONEG) Issues Earnings Results

by · The Cerbat Gem

OneConstruction Group (NASDAQ:ONEG – Get Free Report) released its earnings results on Thursday. The company reported ($0.42) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $10.80 million for the quarter.

OneConstruction Group Stock Down 1.0%

ONEG stock opened at $1.03 on Friday. The stock’s 50 day simple moving average is $1.15 and its 200 day simple moving average is $2.38. OneConstruction Group has a 12-month low of $0.72 and a 12-month high of $14.95.

Hedge Funds Weigh In On OneConstruction Group

A hedge fund recently bought a new position in OneConstruction Group stock. XTX Topco Ltd acquired a new stake in shares of OneConstruction Group Limited (NASDAQ:ONEG – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 23,794 shares of the company’s stock, valued at approximately $31,000. XTX Topco Ltd owned about 0.18% of OneConstruction Group as of its most recent SEC filing.

Analyst Ratings Changes

A number of research analysts recently issued reports on ONEG shares. Weiss Ratings reissued a “sell (d)” rating on shares of OneConstruction Group in a research report on Tuesday, June 30th. Wall Street Zen raised OneConstruction Group to a “hold” rating in a research report on Saturday, March 28th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on OneConstruction Group

About OneConstruction Group

(Get Free Report)

OneConstruction Group is a structural steelwork contractor principally in Hong Kong. The Company, through its subsidiaries, specializes in the procurement and installation of structural steel for a diverse range of construction projects, serving both public and private sector clients. OneConstruction Group is based in NEW YORK.

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