Oriental Culture (NASDAQ:OCG) Shares Set to Reverse Split on Monday, April 27th

Oriental Culture Holding LTD (NASDAQ:OCG) shares are scheduled to reverse split on Monday, April 27th. The 1-3 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, April 26th.

Oriental Culture Trading Down 19.7%

Oriental Culture stock opened at $0.62 on Thursday. The company’s fifty day simple moving average is $0.73. Oriental Culture has a 52-week low of $0.56 and a 52-week high of $4,243.80.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Weiss Ratings began coverage on shares of Oriental Culture in a research note on Wednesday, January 28th. They set a “sell (d-)” rating on the stock. Wall Street Zen raised shares of Oriental Culture to a “sell” rating in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Oriental Culture Company Profile

Oriental Culture Holding LTD, through its subsidiaries, operates an online platform to facilitate e-commerce of artwork trading in China. The company facilitates trading by individual and institutional customers of various collectibles, artworks, and commodities on its online platforms. It also provides online and offline integrated marketing, storage, and technical maintenance services, as well as industry solutions and related software products and system development services. The company was founded in 2018 and is headquartered in Central, Hong Kong.