(FTFT) Future Fintech - Ratings and Ratios

Future FinTech Group Inc. (NASDAQ:FTFT) is a diversified financial technology company headquartered in New York, New York. The company operates primarily in the Peoples Republic of China, offering a wide range of financial and technology-driven services across three core business segments: Supply Chain Financing Service and Trading Business, Asset Management Service, and Others. Its operations include cross-border money transfer services, brokerage and investment banking, and cryptocurrency mining. Additionally, the company engages in the trading of physical commodities such as coal, aluminum ingots, sand, and steel. It also provides e-commerce solutions, digital wallet safety management, blockchain code auditing, cryptocurrency mining operations, metaverse-related services, and big data maintenance. Formerly known as SkyPeople Fruit Juice, Inc., the company rebranded as Future FinTech Group Inc. in June 2017 to reflect its strategic shift toward financial technology and services.

From a technical perspective, FTFT is currently trading at $0.22, below its 20-day and 50-day simple moving averages (SMA) of $0.24 and $0.27, respectively. The stocks 200-day SMA stands at $0.38, indicating a downtrend over the longer term. Average trading volume over the past 20 days is approximately 456,282 shares, with an average true range (ATR) of $0.03, reflecting relatively low volatility. On the fundamental side, the company has a market capitalization of $4.61 million, with a price-to-book (P/B) ratio of 0.12 and a price-to-sales (P/S) ratio of 0.25, suggesting undervaluation relative to its assets and revenue. However, the lack of reported earnings results in a P/E ratio of 0.00, indicating potential profitability challenges.