Future FinTech Group (FTFT) Stock Price, News & Analysis

Company Overview

Future FinTech Group Inc., through its subsidiaries, operates online shopping platforms in People's Republic of China. It operates in three segments: Supply Chain Financing Service and Trading Business, Asset Management Service, and Others. The company offers cross-border money transfer service, brokerage and investment banking, and cryptocurrency mining farm business. It also engages in the trading of coal, aluminum ingots, sand, and steel; and E-commerce, digital wallet safety management, blockchain code auditing and operations, cryptocurrency mining, metaverse and big data maintenance services. The company was formerly known as SkyPeople Fruit Juice, Inc. and changed its name to Future FinTech Group Inc. in June 2017. Future FinTech Group Inc. is headquartered in New York, New York.

Key Stats

• Today's Range: $0.30 to $0.34
• 50-Day Range: $0.29 to $0.39
• 52-Week Range: $0.29 to $2.60
• Volume: 177,374 shs
• Average Volume: 102,730 shs
• Market Capitalization: $6.32 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Future FinTech Group Stock Analysis - MarketRank™

Future FinTech Group scored higher than 8% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Future FinTech Group.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Future FinTech Group has a P/B Ratio of 0.13. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.67% of the float of Future FinTech Group has been sold short.

Short Interest Ratio / Days to Cover

Future FinTech Group has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Future FinTech Group has recently increased by 7.77%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Future FinTech Group does not currently pay a dividend.

Dividend Growth

Future FinTech Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.67% of the float of Future FinTech Group has been sold short.

Short Interest Ratio / Days to Cover

Future FinTech Group has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Future FinTech Group has recently increased by 7.77%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

Future FinTech Group has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Future FinTech Group this week, compared to 1 article on an average week.

MarketBeat Follows

1 people have added Future FinTech Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Future FinTech Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.10% of the stock of Future FinTech Group is held by insiders.

Percentage Held by Institutions

Only 0.19% of the stock of Future FinTech Group is held by institutions.

FTFT Stock Analysis - Frequently Asked Questions

How have FTFT shares performed this year?

Future FinTech Group's stock was trading at $1.83 at the beginning of the year. Since then, FTFT stock has decreased by 82.7% and is now trading at $0.3164.
View the best growth stocks for 2024 here.

How were Future FinTech Group's earnings last quarter?

Future FinTech Group Inc. (NASDAQ:FTFT) issued its quarterly earnings data on Monday, August, 19th. The company reported ($0.09) earnings per share for the quarter. The firm had revenue of $4.20 million for the quarter. Future FinTech Group had a negative trailing twelve-month return on equity of 79.92% and a negative net margin of 94.57%.

How do I buy shares of Future FinTech Group?

Shares of FTFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Future FinTech Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Future FinTech Group investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), NIO (NIO), AST SpaceMobile (ASTS), Virgin Galactic (SPCE) and Castor Maritime (CTRM).

Company Calendar

• Last Earnings: 8/19/2024
• Today: 10/23/2024
• Next Earnings (Estimated): 11/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Business services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:FTFT
• Previous Symbol: NASDAQ:SPU
• CUSIP: N/A
• CIK: 1066923
• Web: www.ftft.top
• Phone: (888) 622-1218
• Fax: N/A
• Employees: 66
• Year Founded: 2017

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-33,650,000.00
• Net Margins: -94.57%
• Pretax Margin: -98.51%
• Return on Equity: -79.92%
• Return on Assets: -58.34%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.89
• Quick Ratio: 2.89

Sales & Book Value

• Annual Sales: $37.11 million
• Price / Sales: 0.17
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.38 per share
• Price / Book: 0.13

Miscellaneous

• Outstanding Shares: 19,985,000
• Free Float: 19,275,000
• Market Cap: $6.32 million
• Optionable: Optionable
• Beta: 0.87