Future FinTech Group Inc (NASDAQ: FTFT) is -37.54% lower on its value in year-to-date trading and has touched a low of $1.01 and a high of $5.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FTFT stock was last observed hovering at around $2.6 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $2.62, the stock is 77.29% and 81.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.42 million and changing 0.77% at the moment leaves the stock 7.14% off its SMA200. FTFT registered -15.46% loss for a year compared to 6-month loss of -11.16%. The firm has a 50-day simple moving average (SMA 50) of $1.4232 and a 200-day simple moving average (SMA200) of $2.45085.
The stock witnessed a 125.47% gain in the last 1 month and extending the period to 3 months gives it a 98.48%, and is 80.69% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 37.90% over the week and 16.34% over the month.
Future FinTech Group Inc (FTFT) has around 40 employees, a market worth around $13.11M and $18.41M in sales. Profit margin for the company is -209.06%. Distance from 52-week low is 159.41% and -54.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-347.60%).
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Future FinTech Group Inc (FTFT) Top Institutional Holders
12.0 institutions hold shares in Future FinTech Group Inc (FTFT), with institutional investors hold 0.64% of the company’s shares. The shares outstanding are 5.00M, and float is at 4.09M with Short Float at 1.34%. Institutions hold 0.58% of the Float.
Future FinTech Group Inc (FTFT) Insider Activity
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