Future FinTech Group Inc (FTFT) Stock: What the Analysts are Saying

The stock has a 36-month beta value of 0.88. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for FTFT is 15.70M, and at present, short sellers hold a 1.99% of that float. On July 11, 2024, the average trading volume of FTFT was 55.10K shares.

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FTFT) stock’s latest price update

Future FinTech Group Inc (NASDAQ: FTFT) has experienced a decline in its stock price by -8.92 compared to its previous closing price of 0.47. However, the company has seen a fall of -9.72% in its stock price over the last five trading days. benzinga.com reported 2024-07-05 that The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

FTFT’s Market Performance

FTFT’s stock has fallen by -9.72% in the past week, with a monthly drop of -40.30% and a quarterly drop of -53.01%. The volatility ratio for the week is 14.17% while the volatility levels for the last 30 days are 12.67% for Future FinTech Group Inc The simple moving average for the past 20 days is -23.68% for FTFT’s stock, with a -54.27% simple moving average for the past 200 days.

FTFT Trading at -39.60% from the 50-Day Moving Average

After a stumble in the market that brought FTFT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -83.46% of loss for the given period.

Volatility was left at 12.67%, however, over the last 30 days, the volatility rate increased by 14.17%, as shares sank -42.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -51.63% lower at present.

During the last 5 trading sessions, FTFT fell by -9.72%, which changed the moving average for the period of 200-days by -62.54% in comparison to the 20-day moving average, which settled at $0.5479. In addition, Future FinTech Group Inc saw -76.50% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for FTFT

Current profitability levels for the company are sitting at:

  • -0.28 for the present operating margin
  • 0.15 for the gross margin

The net margin for Future FinTech Group Inc stands at -0.98. The total capital return value is set at -0.24. Equity return is now at value -66.02, with -49.44 for asset returns.

Based on Future FinTech Group Inc (FTFT), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at -6.1. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is -404.97.

Currently, EBITDA for the company is -9.93 million with net debt to EBITDA at 1.13. When we switch over and look at the enterprise to sales, we see a ratio of -0.11. The receivables turnover for the company is 1.8for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.06.

Conclusion

To sum up, Future FinTech Group Inc (FTFT) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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