Is Future FinTech Group Inc (NASDAQ: FTFT) a Risk-Worthy Bet for Bold Investors?

In the last trading session, 3.54 million Future FinTech Group Inc (NASDAQ:FTFT) shares changed hands as the company’s beta touched 0.94. With the company’s per share price at $0.45 changed hands at $0.13 or 42.59% during last session, the market valuation stood at $9.29M. FTFT’s last price was a discount, traded about -477.78% off its 52-week high of $2.60. The share price had its 52-week low at $0.29, which suggests the last value was 35.56% up since then. When we look at Future FinTech Group Inc’s average trading volume, we note the 10-day average is 91300.0 shares, with the 3-month average coming to 104.22K.

Future FinTech Group Inc (NASDAQ:FTFT) trade information

Instantly FTFT was in green as seen at the end of in last trading. With action 45.24%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -75.30%, with the 5-day performance at 45.24% in the green. However, in the 30-day time frame, Future FinTech Group Inc (NASDAQ:FTFT) is 43.54% up. Looking at the short shares, we see there were 0.26 million shares sold at short interest cover period of 2.18 days.

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Future FinTech Group Inc (FTFT) estimates and forecasts

The company’s revenue for the corresponding quarters a year ago was 18.19M and 43.9M respectively. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 43.27%.

Future FinTech Group Inc (NASDAQ:FTFT)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 30.88% of Future FinTech Group Inc shares while 0.95% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 1.37%.