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

Oriental Culture Holding LTD (NASDAQ:OCG)’s stock is going to reverse split before the market opens on Monday, April 27th. The 1-3 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, April 26th.

Oriental Culture Trading Down 19.7%

Shares of OCG stock opened at $0.62 on Thursday. The business has a 50 day moving average of $0.73. Oriental Culture has a one year low of $0.56 and a one year high of $4,243.80.

Analyst Upgrades and Downgrades

OCG has been the topic of several recent research reports. Weiss Ratings initiated 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 company has a consensus rating of “Sell”.

About Oriental Culture

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.