At the time of writing, Future FinTech Group Inc [FTFT] stock is trading at $0.33, up 14.83%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FTFT shares have gain 13.43% over the last week, with a monthly amount glided 23.66%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Future FinTech Group Inc fluctuated between $0.26 and $1.38. Future FinTech Group Inc [NASDAQ: FTFT] shares were valued at $0.33 at the most recent close of the market.
Analyzing the FTFT fundamentals
According to Future FinTech Group Inc [NASDAQ:FTFT], the company’s sales were 18.41M for trailing twelve months, which represents an -78.21% plunge. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.77%, Pretax Profit Margin comes in at -2.11%, and Net Profit Margin reading is -2.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.72, Equity is -0.93 and Total Capital is -0.39. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.2947 points at the first support level, and at 0.2549 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3596, and for the 2nd resistance point, it is at 0.3847.
Ratios To Look Out For
It is important to note that Future FinTech Group Inc [NASDAQ:FTFT] has a current ratio of 2.68. Further, the Quick Ratio stands at 2.68, while the Cash Ratio is 0.39. Considering the valuation of this stock, the price to sales ratio is 0.38, the price to book ratio is 0.19.
