Oriental Culture Holding LTD(OCG),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

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OCG Oriental Culture Holding LTD

Pre-Market Trading 11-22 06:32:59 EST

1.28

-0.16

-11.11%

High1.45	Low1.28	Vol2.59K
Open1.44	D1 Closing1.44	Amplitude11.81%
Mkt Cap23.77M	Tradable Cap16.41M	Total Shares18.57M
T/O3.63K	T/O Rate0.02%	Tradable Shares12.82M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

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Full-year2024 guidance raised to around EUR 1.2 billion, from around EUR 1.1 billion previously. Capital ratios of the main units remain above their respective operating levels. Cash Capital at Holding of EUR 1.5 billion as of September 30, 2024. Expect to reach mid-point of the target range  by the end of 2026. Completed program to purchase institutionally owned universal life policies. Terminated policies negatively impacted US RBC ratio by 16%-points. Expect 8%-points benefit in 4Q 2024 after equity funding repayment. Operating capital generation benefits from the program, as previously guided. We continued to execute our strategy in the US to reduce our exposure to our Financial Assets and have completed our program to purchase universal life policies from institutional shareholders. 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Introduction