Wall Street Zen lowered shares of Future FinTech Group (NASDAQ:FTFT – Free Report) from a sell rating to a strong sell rating in a research report released on Saturday,Wall Street Zen reports.
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Future FinTech Group in a report on Monday, September 21st. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.
Read Our Latest Analysis on Future FinTech Group
Future FinTech Group Price Performance
NASDAQ:FTFT opened at $3.47 on Friday. Future FinTech Group has a 12-month low of $1.22 and a 12-month high of $97.27. The firm has a 50-day moving average price of $3.29 and a 200 day moving average price of $13.49.
Future FinTech Group (NASDAQ:FTFT – Get Free Report) last released its quarterly earnings data on Friday, August 14th. The company reported ($5.04) earnings per share for the quarter. The company had revenue of $0.33 million for the quarter. Future FinTech Group had a negative net margin of 157.53% and a negative return on equity of 12.22%.
About Future FinTech Group
Future FinTech Group Inc (NASDAQ: FTFT) is a financial technology company focused on blockchain applications, digital assets and related online commerce services. The company develops and operates blockchain-based platforms intended to support e-commerce, digital payments and other financial technology activities.
Its businesses have included Chain Cloud Mall, an online shopping platform incorporating blockchain technology, as well as digital payment solutions, cryptocurrency mining and digital asset-related services.
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