Future FinTech Group Inc [NASDAQ: FTFT] price plunged by -5.39 percent to reach at -$0.01.
The one-year FTFT stock forecast points to a potential upside of 97.76. The average equity rating for FTFT stock is currently 2.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Future FinTech Group Inc [FTFT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FTFT shares is $14.30 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FTFT stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Future FinTech Group Inc is set at 0.05, with the Price to Sales ratio for FTFT stock in the period of the last 12 months amounting to 0.36. The Price to Book ratio for the last quarter was 0.18, with the Price to Cash per share for the same quarter was set at 0.31.
FTFT Stock Performance Analysis:
Future FinTech Group Inc [FTFT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.90. With this latest performance, FTFT shares dropped by -17.93% in over the last four-week period, additionally sinking by -26.56% over the last 6 months – not to mention a drop of -79.63% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FTFT stock in for the last two-week period is set at 47.05, with the RSI for the last a single of trading hit 47.29, and the three-weeks RSI is set at 47.13 for Future FinTech Group Inc [FTFT]. The present Moving Average for the last 50 days of trading for this stock 0.3547, while it was recorded at 0.3343 for the last single week of trading, and 0.5057 for the last 200 days.
Insight into Future FinTech Group Inc Fundamentals:
Future FinTech Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.68 and a Current Ratio set at 2.68.
Future FinTech Group Inc [FTFT] Institutonal Ownership Details
There are presently around $2.54%, or 3.68%% of FTFT stock, in the hands of institutional investors.
