Should You Sell Femto Technologies Inc (FMTO) And Go Away This Year?

Femto Technologies Inc (NASDAQ:FMTO) currently has a daily average trading volume of 17.34M but it saw 80545174 shares traded in last market. With a market cap of 4.25M USD, the company’s current market price of $0.03 came falling about -18.01 while comparing to the previous closing price of $0.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $25.84 and as low as $0.03. In the recent trading on the day, stock has struck highest price mark of $0.0286 while lowest mark touched by it was $0.0321.

Taking a look at 20-day trading activity of Femto Technologies Inc (FMTO) gives us an average price of $0.9226, while its current price level is -99.89% below from 52-week high level whereas it is 5.34% 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 $2.5227 while that of 200 days or SMA-200 reads an average of $6.6489. A closer look into the stock’s movement over the week reveals that its volatility is standing at 33.01% during that period while stretching the period over a month that increases to 78.60%. 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 35.75 which implies that the stock is in neutral territory.

Over the week, FMTO’s stock price is moving -44.78% down while it is -98.65% when we observe its performance for the past one month. Year-to-date it is -99.63% down and over the past year, the stock is showing a downside performance of -99.77%.

The company is expected to be releasing its next quarterly report in May, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Femto Technologies Inc’s total number of outstanding shares is 9.09M with 0.21% of that held by the insiders while 0.02% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -1144.09% and return on equity (ROE) at -237.14%. Stock’s beta reads 1.66. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 5.82. Its return on asset (ROA) is -142.78% on average.