Future FinTech Group (NASDAQ:FTFT) Share Price Passes Below Two Hundred Day Moving Average of $0.99

Future FinTech Group Inc. (NASDAQ:FTFTGet Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.99 and traded as low as $0.55. Future FinTech Group shares last traded at $0.56, with a volume of 42,591 shares traded.

Future FinTech Group Stock Down 1.9 %

The business’s 50 day moving average price is $0.78 and its two-hundred day moving average price is $0.99.

Future FinTech Group (NASDAQ:FTFTGet Free Report) last released its earnings results on Monday, May 20th. The company reported ($0.20) EPS for the quarter. Future FinTech Group had a negative net margin of 95.03% and a negative return on equity of 71.02%. The business had revenue of $5.12 million for the quarter.

About Future FinTech Group

(Get Free Report)

Future FinTech Group Inc, through its subsidiaries, operates online shopping platforms in People's Republic of China. It operates in four segments: Shared Shopping Mall Membership Fee, Fruit Related Products, Sales of Goods, and Others. The company operates Chain Cloud Mall (CCM), a real-name blockchain based e-commerce platform that integrates blockchain and internet technology; and NONOGIRL, a cross-border e-commerce platform.

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