The stock of Future FinTech Group Inc. (NASDAQ:FTFT) is a huge mover today! The stock increased 220.50% or $1.775 during the last trading session, reaching $2.58. About 29.75 million shares traded or 35303.76% up from the average. Future FinTech Group Inc. (NASDAQ:FTFT) has declined 64.80% since April 11, 2018 and is downtrending. It has underperformed by 69.17% the S&P500.
The move comes after 7 months positive chart setup for the $80.02 million company. It was reported on Apr, 11 by Barchart.com. We have $2.79 PT which if reached, will make NASDAQ:FTFT worth $6.40M more.
More notable recent Future FinTech Group Inc. (NASDAQ:FTFT) news were published by: Seekingalpha.com which released: “Future FinTech jumps 11% after update on Chain World Cyberspace – Seeking Alpha” on August 29, 2018, also Prnewswire.com with their article: “Future FinTech Launches New Business Promotion and Operation Service of Chain World Cyberspace – PR Newswire” published on September 04, 2018, Seekingalpha.com published: “SkyPeople Fruit Juice Moves Into Finance – Seeking Alpha” on April 19, 2017. More interesting news about Future FinTech Group Inc. (NASDAQ:FTFT) were released by: Seekingalpha.com and their article: “VHC, MBOT, PCG and CHFS among midday movers – Seeking Alpha” published on January 15, 2019 as well as Prnewswire.com‘s news article titled: “Future FinTech Announces the Establishment of a New Subsidiary and New Management Team Hires for the Subsidiary – PRNewswire” with publication date: April 03, 2019.
Future FinTech Group Inc., through its subsidiaries, produces and sells fruit juice concentrates, fruit beverages, and other fruit-related products in the PeopleÂ’s Republic of China. The company has market cap of $80.02 million. The firm offers fruit juice concentrates, including fruit purees, concentrated fruit purees, and concentrated fruit juices; fruit beverages, such as fruit juice and fruit cider beverages; and other fruit-related products comprising organic and non-organic fresh fruits, dried fruits, preserved fruits, and fructose. It currently has negative earnings. It also provides specialty fruit juices, such as kiwi, mulberry, turnjujube, and pomegranate juice, as well as apple spice, kiwifruit seeds, and fresh kiwifruit.