OneConstruction Group (NASDAQ:ONEG) Issues Quarterly Earnings Results

OneConstruction Group (NASDAQ:ONEG) released its quarterly earnings results on Thursday. The company reported ($0.42) EPS for the quarter, FiscalAI reports. The firm had revenue of $10.80 million during the quarter.

OneConstruction Group Stock Performance

NASDAQ:ONEG opened at $1.02 on Friday. The firm has a 50-day moving average price of $1.15 and a two-hundred day moving average price of $2.37. OneConstruction Group has a twelve month low of $0.72 and a twelve month high of $14.95.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ONEG. Weiss Ratings restated a “sell (d)” rating on shares of OneConstruction Group in a research report on Tuesday, June 30th. Wall Street Zen upgraded shares of OneConstruction Group to a “hold” rating in a report on Saturday, March 28th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On OneConstruction Group

An institutional investor recently bought a new stake in OneConstruction Group stock. XTX Topco Ltd purchased a new stake in shares of OneConstruction Group Limited (NASDAQ:ONEG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 23,794 shares of the company’s stock, valued at approximately $31,000. XTX Topco Ltd owned approximately 0.18% of OneConstruction Group as of its most recent SEC filing.

About OneConstruction Group

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.