Home » Oriental Culture (NASDAQ: OCG): Best Stocks to Buy Now
Oriental Culture Holding LTD is a Hong Kong-based entity that enables collectors, artists, art dealers, and art owners to access a larger art trade market and connect with a wider range of collectibles and artworks than they would likely encounter without our platforms. Collectibles and artwork are traded by individual and institutional customers on our leading online platforms in Hong Kong. Storage, maintenance, and marketing services are provided to our Chinese clients online and offline. We also offer a range of services for cultural and art collections as well as a metaverse project. Visit www.ocgroup.hk for more information about the company.
Oriental Culture (NASDAQ: OCG) Stock Price
Oriental Culture (NASDAQ: OCG) is one of the growth stocks to buy. The Stock Market Today data at December 13th, 2022 is:
Company’s Share Price: $0.87
Price to Earnings Ratio (P/E): 1.56
Dividend Yield: – %
Sales Q/Q (Quarterly revenue growth): -2.20% – Sales Growth in same period.
Market Cap: 14.99M
Positive free cash flow:
Long term investors:
Company announced third quarter earnings report:
The SMA50 its a good technical analysis tool to show the trend market, and for this share the signal is a growth stock.
EPS next Y
EPS next Q
Short Float / Ratio
0.05% / 0.09
EPS this Y
EPS next Y
EPS next 5Y
0.50 – 5.80
EPS past 5Y
Sales past 5Y
Oriental Culture Holding Ltd. is a company that specializes in Oriental culture.
Oriental Culture Holding LTD. (“Oriental Culture” or the “Company”) (NASDAQ: OCG), a leading online service provider of collectibles and artwork, announced on November 15, 2022, that Nasdaq Stock Market (“Nasdaq”) notified the Company on November 9, 2022, that because the final bid price for the Company’s common shares listed on Nasdaq was below $1.00 for 30 consecutive days, the Company was in violation of Nasdaq’s Rule 5550(a)(2), which requires a minimum bid price of $1.00 (Nasdaq Market Place Rule 5550(a)(2), (the “Minimum Bid Price Requirement”).
The Company’s shares will not be delisted because of this notification. Nasdaq Market Placement Rule 5810(c)(3)(A) requires the Company to regain compliance with the Minimum Bid Price Requirement by May 8, 2023 (the “Compliance Period”). If the bid price of the Company’s shares is $1.00 or higher for at least 10 consecutive business days before the end of the Compliance Period, Nasdaq will notify the Company that it has achieved compliance with the Minimum Bid Price Requirement. If the Company is unable to regain compliance by the end of the Compliance Period, an additional 180-day period to regain compliance may be provided. To be eligible, the Company must meet all initial listing requirements for The Nasdaq Capital Market, with the exception of the bid price requirement, and must notify the exchange of its intention to cure any deficiencies during the second compliance period with a reverse stock split, if necessary. If it appears that the Company will not be able to cure the deficiency, Nasdaq will notify the Company that its securities may be delisted.
Between now and the end of the Compliance Period, the Company will continue monitoring the bid price for its ordinary shares and will consider all available options to resolve the deficiency and regain compliance with the Minimum Bid Price Requirement.