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$0.78 $0.05 (6.9%)

03:59 PM EST on 12/01/23

Future FinTech Group Inc. (NASDAQ:FTFT)

CAPS Rating: 1 out of 5

Current Price $0.78 Mkt Cap $11.7M
Open $0.75 P/E Ratio -0.34
Prev. Close $0.78 Div. (Yield) $0.00 (0.0%)
Daily Range $0.73 - $0.80 Volume 64,321
52-Wk Range $0.68 - $2.95 Avg. Daily Vol. 33,909

Caps

This ticker is not currently Ratable.

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All Players

122 Outperform
55 Underperform
 

All-Star Players

9 Outperform
33 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top NASDAQ:FTFT Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

corpblues (93.44)
Submitted October 03, 2011

Taking a flyer that this company is not a complete scam. Plan to bail on any pop.CEO has been buying stock and company filed suit against short selling analyst. Either CEO believes the company has been wronged or CEO is trying to pop up stock one… More

SmartAce (99.87)
Submitted March 24, 2020

Tech tip for people who are not as good at computers as me. Let's say the volume on your computer is too loud so you want to turn it down. Impossible, right? Wrong! It's easy! Simply place some coats over the speakers. The more coats, the more you'll… More

NASDAQ:FTFT Summary

Fools bullish on NASDAQ:FTFT are also bullish on:

Fools bearish on NASDAQ:FTFT are also bearish on:

Recent Community Commentary

Read the most recent pitches from players about FTFT.

Recs

0
Member Avatar TMFSecurity (93.17) Submitted: 11/16/2021 9:01:43 AM : Underperform Start Price: $1.88 NASDAQ:FTFT Score: +56.26

10000000146

Recs

2
Member Avatar SmartAce (99.87) Submitted: 3/24/2020 3:54:03 PM : Underperform Start Price: $0.92 NASDAQ:FTFT Score: +122.97

Tech tip for people who are not as good at computers as me. Let's say the volume on your computer is too loud so you want to turn it down. Impossible, right? Wrong! It's easy! Simply place some coats over the speakers. The more coats, the more you'll lower the volume.

Recs

8
Member Avatar jed71 (45.55) Submitted: 8/8/2017 12:22:30 PM : Underperform Start Price: $2.22 NASDAQ:FTFT Score: +149.09

Nothing like the stench of a name change and ticker change to wake you up in the morning. This is my second down thumb here, and I pretty much expect the same result as the first. Some snippets:

"On June 6, 2017, Future FinTech Group Inc. (the “Company”) filed a Certificate ofAmendment (the “Certificate”) with the Secretary of State for the State of Florida to amend and restate its articles of incorporation to change its name from SkyPeople Fruit Juice, Inc. to Future FinTech Group Inc., effective immediately (the “Name Change”). The Name Change was approved by the Company’s Board of Directors (the “Board”) on March 30, 2017 and by shareholders holding a majority of the Company’s issued and outstanding capital stock on March 31, 2017. In addition, effective as of June 6, 2017, the Company’s bylaws were amended and restated to reflect the Name Change (the “Amended and Restated”). The Name Change does not affect the rights of the Company’s shareholders. The Company anticipates that the Company’s common stock willcease trading under the ticker symbol “SPU” and will begin trading under the ticker symbol “FTFT” as of June 12, 2017. In connection with the Name Change, the Company’s common stock has been assigned a newCUSIP number of 36117V105."

"Effective 9:00A.M. Eastern Time, March 16, 2016 (the “Effective Time”), each 8 (eight) shares of Common Stock of the Company (“Old Common Stock”) issued and outstanding immediately prior to the Effective Time shall be automatically combined, reclassified and exchanged into one (1) share of Common Stock of the Company (“NewCommon Stock”), without changing the par value of the shares of the Company (the “Reverse Split”)."

I have a feeling the Chinese firm is also about to change business plans, but I have not seen any announcement yet. And maybe I am wrong - maybe they continue to want to sell fruit juice to the masses. Considering the performance of the stock, and their severe decline in revenue ofver the past five years, and their penchant for reverse splits, I have no confidence that this company would be able to execute its current, or any sore of new, business plan. Avoid this stock.

Leaderboard

Find the members with the highest scoring picks in FTFT.

Score Leader

whatsthepoint

whatsthepoint (99.88) Score: +400.83

The Score Leader is the player with the highest score across all their picks in FTFT.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
Ruckwerts 32.98 8/18/2011 Underperform 5Y $19.04 -95.85% +294.08% +389.93 0 Comment
HedgeFund007 23.81 12/6/2010 Underperform 5Y $38.48 -97.95% +274.38% +372.33 0 Comment
walt393 99.96 8/31/2011 Underperform 5Y $18.64 -95.76% +274.10% +369.87 0 Comment
Lukewagoneer < 20 12/21/2010 Underperform 3Y $35.04 -97.75% +267.31% +365.06 0 Comment
BuffettJunior1 99.74 10/28/2011 Underperform 5Y $15.92 -95.04% +256.94% +351.98 2 Comments
ChinaRTO 99.89 4/14/2011 Underperform 5Y $29.12 -97.29% +251.26% +348.55 1 Comment
Cmartin400 96.86 4/14/2011 Underperform 5Y $29.12 -97.29% +251.26% +348.55 0 Comment
williamstep 97.88 5/23/2011 Underperform 5Y $27.12 -97.09% +248.09% +345.18 0 Comment
donkeyeffer 99.96 5/23/2011 Underperform 5Y $27.52 -97.13% +247.86% +344.99 0 Comment
rickdoom 34.39 7/11/2011 Underperform 1Y $26.16 -96.98% +247.46% +344.44 0 Comment

Wall Street

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