28-Feb-2025
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Future FinTech Group Inc is engaged in the financial technology business. The company participates in supply chain financing services and trading in China, asset management business in Hong Kong, and cross-border money transfer services in the United Kingdom. It has also expanded into brokerage and investment banking business in Hong Kong and cryptocurrency mining farm in the U.S. The company's reportable segments include the Supply chain financing/trading segment which generates key revenue, and the Asset management service segment.
Future Fintech Group trades on the NASDAQ stock market under the symbol FTFT.
As of February 28, 2025, FTFT stock price declined to $0.20 with 307,798 million shares trading.
FTFT has a market cap of $4.19 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, FTFT traded as high as $4.65 and as low as $.19.
FTFT has underperformed the market in the last year with a price return of -81.8% while the SPY ETF gained +18.8%. FTFT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -51.4% and -19.8%, respectively, while the SPY returned -0.4% and -2.5%, respectively.
FTFT support price is $.20 and resistance is $.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FTFT shares will trade within this expected range on the day.