Future FinTech Group Inc. (FTFT) is priced at $7.62 after the most recent trading session. At the very opening of the session, the stock price was $9.46 and reached a high price of $11.29, prior to closing the session it reached the value of $5.75. The stock touched a low price of $6.14.
Recently in News on January 7, 2021, Future FinTech Applied Blockchain Technology Related Software Copyrights with China Copyright Protection Center. Future FinTech Group Inc.(NASDAQ: FTFT, “Future Fintech”, “FTFT” or “Company”), a leading blockchain based e-commerce company and a financial technology service provider, announced today that on December 31, 2020, China Copyright Protection Center (“CCPC”) has accepted the Company’s application for ten software copyrights relating to blockchain technology applications, which the Company first submitted for CCPC’s review in June 2020. 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 $11.29 on 01/08/21, with the lowest value was $1.60 for the same time period, recorded on 01/05/21.
Future FinTech Group Inc. (FTFT) full year performance was 1337.19%
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 28.72% during the 52-week period from high price, and 1391.54% 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 $0.51 and $5.92.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 143264913 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 305.32%, having the revenues showcasing 249.54% 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 294.82M, 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 2.26, with a change in the price was noted +5.04. In a similar fashion, Future FinTech Group Inc. posted a movement of +195.35% for the period of last 100 days, recording 5,038,410 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 62.28%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 62.28%. In the last 20 days, the company’s Stochastic %K was 56.43% and its Stochastic %D was recorded 35.12%.
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 305.32%. Additionally, trading for the stock in the period of the last six months notably improved by 281.00%, alongside a boost of 1337.19% for the period of the last 12 months. The shares increased approximately by 305.32% in the 7-day charts and went up by 227.04% in the period of the last 30 days. Common stock shares were driven by 249.54% during last recorded quarter.