TheScreener - OzForex Group (OFX) A double requalification allows OFX GROUP LIMITED to improve to Slightly Positive

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A double requalification allows OFX GROUP LIMITED to improve to Slightly Positive

OFX GROUP LIMITED (AU), a company active in the Speciality Finance industry, has received a double requalification by the independent financial analyst theScreener. Its fundamental valuation is now 3 out of 4 stars while its market behaviour can be considered as defensive. theScreener believes that the gain of a star(s) and an improvement in the market risk perception allows upgrading the general evaluation to Slightly Positive. As of the analysis date March 20, 2020, the closing price was AUD 1.27 and its potential was estimated at AUD 1.59.

21/03/2020 6 EN

Underlying

OzForex Group

OFX Group is engaged in the provision of international payments and foreign exchange services. Co. offers fast international money transfers at competitive rates for individuals & businesses. Co.'s two products are international payment services and international payment solutions. International payment services are monitored by geographic region (based on client location) and provide bank to bank currency transfers servicing businesses and consumers. International payment solutions are monitored globally and provide strategic partners with a package which includes: OFX Technology platform; client service; compliance sophistication; banking relationships; and payments capabilities.

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AU000000OFX5 Australian Securities Exchange Australia

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TheScreener

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A double requalification allows OFX GROUP LIMITED to improve to Slightly Positive

Empowering Investors

OFX Group Limited: 1 director

OFX Completes C$90m Acquisition of Canadian Corporate Foreign Exchange Business Firma Foreign Exchange Corporation (Firma)

OFX to Acquire 100% of Canadian Corporate Foreign Exchange Business Firma Foreign Exchange Corporation (Firma)

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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