How is Future FinTech Group Inc’s (NASDAQ: FTFT) stock expected to perform amid current market woes?

In the latest session, Future FinTech Group Inc (NASDAQ: FTFT) closed at $1.00 up 1.01% from its previous closing price of $0.99. In other words, the price has increased by $+0.0100 from its previous closing price. On the day, 92964 shares were traded.

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Ratios:

For a deeper understanding of Future FinTech Group Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.40 and its Current Ratio is at 4.40. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.01.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FTFT now has a Market Capitalization of 19.79M and an Enterprise Value of -12.38M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 0.24. Its current Enterprise Value per Revenue stands at -0.39 whereas that against EBITDA is 1.07.

Stock Price History:

Over the past 52 weeks, FTFT has reached a high of $2.60, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is 1.0504, while the 200-Day Moving Average is calculated to be 1.1491.

Shares Statistics:

For the past three months, FTFT has traded an average of 175.83K shares per day and 206.29k over the past ten days. A total of 14.94M shares are outstanding, with a floating share count of 10.79M. Insiders hold about 27.78% of the company’s shares, while institutions hold 0.19% stake in the company. Shares short for FTFT as of Mar 15, 2024 were 323.16k with a Short Ratio of 1.84, compared to 330.04k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.62% and a Short% of Float of 2.02%.

Earnings Estimates

There are 0 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was $0.15. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

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