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Future FinTech Group Inc. Announces Reverse Stock Split
Financial Modeling Prep· 2026-01-19 10:00
Core Viewpoint - Future FinTech Group Inc. is implementing a 4-for-1 reverse stock split to consolidate shares and stabilize its stock price, effective January 20, 2026 [1][5]. Financial Performance - The company has a current market capitalization of $14.4 million [3][5]. - FTFT shares opened at $0.71, with a 50-day moving average of $1.04 and a 200-day moving average of $1.73 [2]. - Over the past year, the stock has fluctuated between a low of $0.56 and a high of $5.00 [2][5]. - The company reported a loss of $0.33 per share in its most recent quarterly earnings, with revenue of $1.33 million [3]. - FTFT has a negative P/E ratio of -0.05 and a negative return on equity of 303.80% [3]. Reverse Stock Split Details - The reverse stock split will adjust shareholders' holdings after the market closes on January 19, 2026 [2]. - The par value of the common stock will remain at $0.001 per share, and fractional shares will be rounded up to the nearest whole share [4]. - The new CUSIP number for the post-split shares will be 36117V402 [4].
Future FinTech Group Inc. (NASDAQ: FTFT) Announces Reverse Stock Split
Financial Modeling Prep· 2026-01-17 03:00
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]