Investors love the new forecast for Future Fintech Group Inc(FTFT)

Future Fintech Group Inc(FTFT) is a stock of interest due to the large impact the company has on the market. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about FTFT. We will be studying the movement so you can make the best decision as an investor.

First, here is information about the company and how it functions: Future FinTech Group, Inc. is a blockchain e-commerce and financial technology company. The company’s operations include a blockchain-based online shopping mall platform, Chain Cloud Mall (‘CCM’), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain based application projects, and a digital payment system ‘DCON’. It is also engaged in development of blockchain based e-Commerce technology as well as financial technology. The company was founded on June 29, 1998 and is headquartered in Beijing, China.

The stock has moved downwards today by 4.68%. The high for today is 8.45 and today’s low is 5.87. This information is critical in deciding whether this investment is risky or not. We can see the stock is trending downwards, which means the volume of people selling this stock is greater than people buying it. Next we will be going over the forecast.

As an investor, you can get an idea where the stock is trending by the forecast. In this case the high forecast for Future Fintech Group Inc is $23.00 and the low forecast is $14.50. We can get a look into the future by looking at past trends. Looking at Future Fintech Group Inc’s 5 year movement it seems it has grown 109%. Overall, Future Fintech Group Inc is in great shape going forward. They have a strong market cap of $353.67M and a very bright future ahead fo them.

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