Future FinTech Group Inc. (NASDAQ:FTFT) currently has a daily average trading volume of 129.88K but it saw 292232 shares traded on Wednesday. With a market cap of 24.89M USD, stock’s current market price of $0.34 came falling about -6.67 while comparing to the previous closing price of $0.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.84 and as low as $0.36. In the recent trading on the day, stock has struck highest price mark of $0.375 while lowest mark touched by it was $0.33.
Taking a look at 20-day trading activity of Future FinTech Group Inc. (FTFT) gives us an average price of $0.4190, while its current price level is -81.74% below from 52-week high level whereas it is -6.67% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4443 while that of 200 days or SMA-200 reads an average of $0.5426. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.50% during that period while stretching the period over a month that decreases to 6.83%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 25.50 which implies that the stock is in oversold territory.
Over the week, FTFT’s stock price is moving -18.05% down while it is -23.38% when we observe its performance for the past one month. Year-to-date it is -74.74% down and over the past year, the stock is showing a downside performance of -79.51%.
The latest quarterly earnings report issued by the company was for quarter ended 6/29/2011, when its quarterly earnings per share (EPS) of $0.48 beaten by the consensus estimate of $1.12 for the same.
Currently, Future FinTech Group Inc.’s total number of outstanding shares is 70.07M with 19.80% of that held by the insiders while 0.63% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -16.10% and return on equity (ROE) at -21.20%. Stock’s beta reads 1.10. Stock has a price to book (P/B) ratio of 0.31 while price to sale or P/S ratio amounts to 0.71. Its return on asset (ROA) is -18.70% on average.
In the most recent quarter, Deka – BasisStrategie Flexibel came cutting its stake by -100.00% in the company and now holds 0.0 or 0.00% of the company’s stake having worth of about 0.0.