FTFT (FTFT, Financial) experienced a significant stock price increase of 6.28%. The stock is currently trading at $0.420 per share, with a trading volume of 134,342 shares and a turnover rate of 0.65%. The stock's price volatility reached 7.59%.
Recent financial reports indicate that FTFT achieved a revenue of $5.18 million, but reported a net loss of $4.88 million, translating to an earnings per share (EPS) of -$0.24. The gross profit stood at $1.39 million, with a price-to-earnings (P/E) ratio of -0.17. Currently, there are no institutional ratings available for FTFT, such as buy, hold, or sell recommendations.
Within the software services industry, where FTFT operates, the overall decline was 1.12%. Notable performers in the sector included T Stamp Inc., Xun Niao Software, and Xbp Europe Holdings Inc., which saw significant gains. T Stamp Inc., Xun Niao Software, and Zenatech, Inc. were particularly active, with turnover rates of 916.08%, 595.28%, and 31.38%, respectively. Stocks with high volatility included T Stamp Inc., Dave Inc., and Multisensor Ai Holdings Inc., with amplitude fluctuations of 50.74%, 37.44%, and 33.33%.
FTFT is a financial technology group engaged in supply chain financing and trade in China, asset management in Hong Kong, and cross-border remittance services in the UK. The company has expanded into brokerage and investment banking in Hong Kong and cryptocurrency mining in the US. Its primary revenue-generating segments include supply chain financing/trading and asset management services.
