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

Shares of Oriental Culture Holding LTD (NASDAQ:OCG) are 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 market closes on Sunday, April 26th.

Oriental Culture Stock Down 19.7%

Oriental Culture stock opened at $0.62 on Thursday. Oriental Culture has a 1 year low of $0.56 and a 1 year high of $4,243.80. The firm has a 50 day moving average of $0.73.

Analyst Ratings Changes

A number of research firms recently issued reports on OCG. Wall Street Zen upgraded shares of Oriental Culture to a “sell” rating in a report on Thursday, January 29th. Weiss Ratings assumed coverage on shares of Oriental Culture in a report on Wednesday, January 28th. They issued a “sell (d-)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently 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.