Future Fintech Group (NASDAQ:FTFT) Stock Price Down 12.2%

Shares of Future Fintech Group Inc (NASDAQ:FTFT) fell 12.2% on Tuesday . The stock traded as low as $0.64 and last traded at $0.65, 892,300 shares changed hands during mid-day trading. An increase of 105% from the average session volume of 434,550 shares. The stock had previously closed at $0.74.

The firm has a 50-day simple moving average of $0.80 and a two-hundred day simple moving average of $1.10.

An institutional investor recently bought a new position in Future Fintech Group stock. Wedbush Securities Inc. bought a new position in Future Fintech Group Inc (NASDAQ:FTFT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 42,636 shares of the company’s stock, valued at approximately $35,000. Wedbush Securities Inc. owned about 0.13% of Future Fintech Group at the end of the most recent reporting period. 0.45% of the stock is currently owned by institutional investors.

Future Fintech Group Company Profile (NASDAQ:FTFT)

Future FinTech Group Inc, through its subsidiaries, produces and sells fruit juice concentrates, fruit beverages, and other fruit-related products in the People’s Republic of China. It offers fruit juice concentrates, including fruit purees, concentrated fruit purees, and concentrated fruit juices; fruit beverages, such as fruit juice and fruit cider beverages; and other fruit-related products comprising organic and non-organic fresh fruits, dried fruits, preserved fruits, and fructose.

Recommended Story: Resistance Level

Receive News & Ratings for Future Fintech Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Future Fintech Group and related companies with MarketBeat.com’s FREE daily email newsletter.

Original Source