Future FinTech Group Inc. (FTFT) Quarterly Performance is 5.45%: Here is the Surprise Factor

For the readers interested in the stock health of Future FinTech Group Inc. (FTFT). It is currently valued at $2.64. When the transactions were called off in the previous session, Stock hit the highs of $2.45, after setting-off with the price of $2.29. Company’s stock value dipped to $2.03 during the trading on the day. When the trading was stopped its value was $2.32.

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Recently in News on December 2, 2020, Future FinTech Appointed Ming Yi as Chief Financial Officer. Future FinTech Group Inc. (NASDAQ: FTFT) (hereinafter referred to as “Future Fintech”, “FTFT” or “Company” ) a leading blockchain e-commerce company and a service provider for financial technology, today announced it has appointed Mr. Ming Yi as the new Chief Financial Officer (“CFO”) of the Company on November 30, 2020. Ms. Jing (Veronica) Chen resigned as CFO of the Company, effective on November 30, 2020, and she has been appointed as the vice president of the Company, in charge of its international M & A and internal control. You can read further details here


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Future FinTech Group Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $3.74 on 07/16/20, with the lowest value was $0.44 for the same time period, recorded on 01/02/20.

Future FinTech Group Inc. (FTFT) full year performance was 398.71%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Future FinTech Group Inc. shares are logging -29.41% during the 52-week period from high price, and 528.57% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.42 and $3.74.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1610300 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Future FinTech Group Inc. (FTFT) recorded performance in the market was 415.44%, having the revenues showcasing 5.45% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 99.39M, as it employees total of 222 workers.

The Analysts eye on Future FinTech Group Inc. (FTFT)

During the last month, 0 analysts gave the Future FinTech Group Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.25, with a change in the price was noted -0.23. In a similar fashion, Future FinTech Group Inc. posted a movement of -8.65% for the period of last 100 days, recording 333,989 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for FTFT is recording 0.09 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Technical rundown of Future FinTech Group Inc. (FTFT)

Raw Stochastic average of Future FinTech Group Inc. in the period of last 50 days is set at 35.81%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 32.62%. In the last 20 days, the company’s Stochastic %K was 26.48% and its Stochastic %D was recorded 23.00%.

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Considering, the past performance of Future FinTech Group Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 415.44%. Additionally, trading for the stock in the period of the last six months notably improved by 132.23%, alongside a boost of 398.71% for the period of the last 12 months. The shares increased approximately by -0.43% in the 7-day charts and went down by 13.73% in the period of the last 30 days. Common stock shares were driven by 5.45% during last recorded quarter.

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