Core Viewpoint - Future FinTech Group Inc. has announced a reverse stock split to recalibrate shareholder holdings, effective January 20, 2026 [1] Group 1: Reverse Stock Split Details - The reverse stock split will adjust the company's share structure without changing the par value of the common stock, which remains at $0.001 per share [1] - For every 4 shares currently held, shareholders will receive 1 share after the market closes on January 19, 2026 [3] - No fractional shares will be issued; fractional entitlements will be rounded up to the nearest whole share [1] Group 2: Financial Performance - FTFT's market capitalization is approximately $2.34 million, with a trading volume of 68,341 shares [2] - The company has a negative P/E ratio of -0.05 and a beta of 1.28, indicating challenges in the financial and digital technology sectors [2] - FTFT reported a loss of $0.33 per share and revenue of $1.33 million in its recent quarterly earnings report [3] Group 3: Stock Performance Metrics - FTFT shares opened at $0.71, with a 50-day moving average of $1.04 and a 200-day moving average of $1.73 [3]
Future FinTech Group Inc. (NASDAQ: FTFT) Announces Reverse Stock Split