When Does Future FinTech Group Inc (FTFT) Become A Good Investment?

Future FinTech Group Inc (NASDAQ:FTFT) has a beta value of 1.07 and has seen 0.84 million shares traded in the last trading session. The company, currently valued at $6.03M, closed the last trade at $0.29 per share which meant it gained $0.02 on the day or 7.50% during that session. The FTFT stock price is -796.55% off its 52-week high price of $2.60 and 10.34% above the 52-week low of $0.26. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.35 million shares traded. The 3-month trading volume is 305.69K shares.

Future FinTech Group Inc (NASDAQ:FTFT) trade information

Sporting 7.50% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the FTFT stock price touched $0.29 or saw a rise of 17.12%. Year-to-date, Future FinTech Group Inc shares have moved -84.11%, while the 5-day performance has seen it change -14.50%. Over the past 30 days, the shares of Future FinTech Group Inc (NASDAQ:FTFT) have changed -33.86%. Short interest in the company has seen 0.25 million shares shorted with days to cover at 2.14.

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Future FinTech Group Inc (FTFT) estimates and forecasts

The company’s shares have lost -49.03% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 43.27% over the past 5 years.

FTFT Dividends

Future FinTech Group Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 30.88% of the company shares, while shares held by institutions stand at 2.54% with a share float percentage of 3.68%. Investors are also buoyed by the number of investors in a company, with Future FinTech Group Inc having a total of 14.0 institutions that hold shares in the company.