Oriental Culture (NASDAQ:OCG) Shares Down 3% – Here’s What Happened

Oriental Culture Holding LTD (NASDAQ:OCG) traded down 3% on Thursday . The stock traded as low as $0.8130 and last traded at $0.82. 329,910 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 2,465,507 shares. The stock had previously closed at $0.8450.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Wall Street Zen upgraded Oriental Culture to a “sell” rating in a report on Thursday, January 29th. Weiss Ratings assumed coverage on Oriental Culture in a research report on Wednesday, January 28th. They set a “sell (d-)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Oriental Culture Stock Performance

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.