Femto Technologies Inc (NASDAQ: FMTO) Could Post Excellent Profits?

In the last trading session, 89.44 million shares of the Femto Technologies Inc (NASDAQ:FMTO) were traded, and its beta was 1.71. Most recently the company’s share price was $0.03, and it changed around $0.0 or 0.91% from the last close, which brings the market valuation of the company to $0.30M. FMTO currently trades at a discount to its 52-week high of $25.84, offering almost -86033.33% off that amount. We note from Femto Technologies Inc’s average daily trading volume that its 10-day average is 87.24 million shares, with the 3-month average coming to 13.05 million.

Femto Technologies Inc (NASDAQ:FMTO) trade information

Instantly FMTO has showed a green trend with a performance of 0.91% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.4400 on recent trading dayincreased the stock’s daily price by 99.32%. The company’s shares are currently down -99.58% year-to-date, but still down -93.98% over the last five days. On the other hand, Femto Technologies Inc (NASDAQ:FMTO) is -98.49% down in the 30-day period. We can see from the shorts that 0.11 million shares have been sold at a short interest cover period of 1.62 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -70.72%.

FMTO Dividends

Femto Technologies Inc’s next quarterly earnings report is expected to be released in May.

Femto Technologies Inc (NASDAQ:FMTO)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 10.34% of Femto Technologies Inc shares, and 0.80% of them are in the hands of institutional investors. The stock currently has a share float of 0.90%.