OFX Group Ltd traded at 0.59 this Tuesday February 24th, decreasing 0.02 or 3.28 percent since the previous trading session. Looking back, over the last four weeks, OFX lost 18.00 percent. Over the last 12 months, its price fell by 54.62 percent. Looking ahead, we forecast OFX Group Ltd to be priced at 0.61 by the end of this quarter and at 0.57 in one year, according to Trading Economics global macro models projections and analysts expectations.
OFX Group Limited is an Australia-based company engaged in the provision of international payments and foreign exchange services. The Company's business is operated on a cloud-based platform. The Company's segments include North America, the United Kingdom and Asia and International Payment Solutions. It offers two products: International payment services and International payment solutions. International payment services are monitored by geographic region, which is based on client location and offers bank-to-bank currency transfers servicing businesses and consumers. International payment solutions offer strategic partners a package, which includes OFX information technology (IT) platform; client service; compliance; banking relationships, and payments capabilities. The Company operates in approximately 190 countries in 50 different currencies.