Future FinTech Group (NASDAQ:FTFT) Issues Earnings Results

Future FinTech Group (NASDAQ:FTFT) issued its quarterly earnings results on Tuesday. The company reported ($12.65) earnings per share (EPS) for the quarter, Zacks reports. Future FinTech Group had a negative net margin of 202.56% and a negative return on equity of 97.68%.

Future FinTech Group Price Performance

NASDAQ:FTFT traded up $0.05 during mid-day trading on Tuesday, reaching $1.55. 44,444 shares of the stock were exchanged, compared to its average volume of 315,915. The business has a fifty day moving average price of $1.57 and a 200 day moving average price of $2.55. Future FinTech Group has a 1-year low of $1.15 and a 1-year high of $8.43.

Future FinTech Group Company Profile

Future FinTech Group Inc, through its subsidiaries, operates online shopping platforms in People’s Republic of China. It operates in three segments: Supply Chain Financing Service and Trading Business, Asset Management Service, and Others. The company offers cross-border money transfer service, brokerage and investment banking, and cryptocurrency mining farm business.