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Video: What is a Stock Split?
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Oriental Culture Holding is a holding company. Through its subsidiaries, Co. is engaged in providing online platforms that facilitate the e-commerce trading of artwork and collectables and the online trading of commodities. Co.'s education programs include basic rules and processes of online collectibles and artwork trading, fundamental analysis methods and technical analysis methods. Co. provides market information to its customers, including real-time price quotes, technical indicators, market news and macroeconomic data and news. Co.'s platform is an all-electronic trading system, consisting of host computers, client-side terminals and related communication system. According to our Oriental Culture Holding stock split history records, Oriental Culture Holding has had 1 split. | |
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Oriental Culture Holding (OCG) has 1 split in our Oriental Culture Holding stock split history database. The split for OCG took place on October 18, 2023. This was a 1 for 5 reverse split, meaning for each 5 shares of OCG owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 200 share position following the split.
When a company such as Oriental Culture Holding conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the Oriental Culture Holding stock split history from start to finish, an original position size of 1000 shares would have turned into 200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Oriental Culture Holding shares, starting with a $10,000 purchase of OCG, presented on a split-history-adjusted basis factoring in the complete Oriental Culture Holding stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/16/2020 |
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End date: |
04/26/2024 |
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Start price/share: |
$30.50 |
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End price/share: |
$1.01 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-96.69% |
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Average Annual Total Return: |
-63.74% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$331.25 |
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Years: |
3.36 |
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Date |
Ratio |
10/18/2023 | 1 for 5 |
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