Future FinTech Group Inc [NASDAQ: FTFT] surged by $2.43 during the normal trading session on Friday and reaching a high of $4.03 during the day while it closed the day at $3.94.
Future FinTech Group Inc stock has also gained 205.43% of its value over the past 7 days. However, FTFT stock has inclined by 200.76% in the 3 months of the year. Over the past six months meanwhile, it has gained 18.03% and lost -16.54% year-on date.
The market cap for FTFT stock reached $19.71 million, with 5.00 million shares outstanding and 4.09 million shares in the current float. Compared to the average trading volume of 95.59K shares, FTFT reached a trading volume of 96150373 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 Price to Book ratio for the last quarter was 1.09, with the Price to Cash per share for the same quarter was set at 0.89.
FTFT stock trade performance evaluation
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 205.43. With this latest performance, FTFT shares gained by 228.33% in over the last four-week period, additionally plugging by 18.03% over the last 6 months – not to mention a rise of 27.14% in the past year of trading.
Future FinTech Group Inc [FTFT]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Future FinTech Group Inc [FTFT] shares currently have an operating margin of -77.48% and a Gross Margin at 31.12%. Future FinTech Group Inc’s Net Margin is presently recorded at -209.06%.
Return on Equity for this stock declined to -62.11%, with Return on Assets sitting at -62.11%.
Future FinTech Group Inc [FTFT]: Institutional Ownership
There are presently around $0.58%, or 0.64% of FTFT stock, in the hands of institutional investors.
