(FTFT) Future Fintech - Ratings and Ratios

Future FinTech Group Inc. is a multifaceted financial services company operating in China, providing a range of services including supply-chain financing, cross-border payments, and brokerage services. The company has diversified its operations to include trading in commodities such as coal, aluminum, and steel. Initially known as SkyPeople Fruit Juice, Inc., the company rebranded as Future FinTech Group Inc. in June 2017, signaling a significant shift in its business focus towards fintech and financial services.

With its headquarters in New York, Future FinTech Group Inc. is listed on NASDAQ under the ticker symbol FTFT. Despite being categorized under the Packaged Foods & Meats sub-industry due to its historical roots, the companys current operations are far removed from its original business, now focusing on financial technology and services.

Analyzing the companys , its evident that FTFTs stock has experienced significant volatility, with its last price recorded at $1.53. The stock is currently below its short-term moving averages (SMA20 at $1.56 and SMA50 at $1.58), indicating a bearish short-term trend. The long-term SMA200 at $2.76 suggests a substantial decline from its long-term average, pointing to a prolonged downtrend. The Average True Range (ATR) of 0.17, or 11.30% of its last price, highlights the stocks volatility. Given the 52-week high of $8.19 and low of $1.22, the stock is currently near its 52-week low, suggesting potential oversold conditions.

From a fundamental perspective, Future FinTech Group Inc.s reveals a market capitalization of $4.79M USD, indicating a very small-cap stock. The absence of P/E and forward P/E ratios, coupled with a Return on Equity (RoE) of -195.53, raises significant concerns about the companys profitability and financial health. These metrics suggest that the company is not generating earnings and is potentially facing severe financial distress.

Combining both technical and fundamental analyses, a forecast for FTFT is challenging due to its volatile stock price and poor financial health indicators. However, if we were to speculate on a potential turnaround, it would be contingent upon the company demonstrating significant improvements in its financials, such as achieving profitability and reducing its debt. Technically, a sustained move above its SMA20 and SMA50 could indicate a short-term recovery. A more substantial and sustainable recovery would require the stock to break through its SMA200 at $2.76. Until then, caution is advised due to the high volatility and the companys financial challenges.