Putting The Spotlight On Future FinTech Group Inc (FTFT)

Future FinTech Group Inc (NASDAQ:FTFT) currently has a daily average trading volume of 248.44K but it saw 268816 shares traded in last market. With a market cap of 8.63M USD, the company’s current market price of $0.42 came rising about 5.24 while comparing to the previous closing price of $0.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.60 and as low as $0.29. In the recent trading on the day, stock has struck highest price mark of $0.38 while lowest mark touched by it was $0.42.

Taking a look at 20-day trading activity of Future FinTech Group Inc (FTFT) gives us an average price of $0.3907, while its current price level is -84.00% below from 52-week high level whereas it is 43.41% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.3588 while that of 200 days or SMA-200 reads an average of $0.6073. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.62% during that period while stretching the period over a month that increases to 15.36%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 54.60 which implies that the stock is in neutral territory.

Over the week, FTFT’s stock price is moving -2.16% down while it is 22.76% when we observe its performance for the past one month. Year-to-date it is -77.27% down and over the past year, the stock is showing a downside performance of -43.95%.

Currently, Future FinTech Group Inc’s total number of outstanding shares is 17.83M. Company’s return on investment (ROI) stands at -100.73% and return on equity (ROE) at -79.06%. Stock’s beta reads 1.01. Stock has a price to book (P/B) ratio of 0.23 while price to sale or P/S ratio amounts to 0.47. Its return on asset (ROA) is -62.11% on average.