FTFT scores best on the Growth dimension, with a Growth rank ahead of 45.9% of US stocks. FTFT’s strongest trending metric is Value; it’s been moving up over the last 179 days. FTFT ranks lowest in Quality; there it ranks in the 0th percentile.
Similarly Is FTFT a buy or sell? USD 0.78 0.04 4.88% Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Future Fintech Group is ‘Sell‘.
Why is FTFT tanking? What happened. Shares of Future FinTech Group ( FTFT -1.36% ) came crashing down on Friday as the company announced it’s completed its latest direct stock offering. This dilutes shareholder value, which is why the stock is down.
Additionally, Is future Fintech a real company?
About Future Fintech Group Inc
Future Fintech Group Inc is a china-based company mainly engaged in the research, development and application of blockchain technology.
Does future FinTech pay dividends?
FUTURE FINTECH GROUP (NASDAQ: FTFT) does not pay a dividend.
What is the stock symbol for FinTech? Stock Quote (U.S.: Nasdaq) | MarketWatch.
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$ 0.7100.
| Close | Chg | Chg % |
|---|---|---|
| $0.7037 | 0.0138 | 2.00% |
What sector is FTFT? Common Stock (FTFT) Stock Price, Quote, News & History | Nasdaq.
…
Key Data.
| Label | Value |
|---|---|
| Sector | Technology |
| Industry | EDP Services |
| 1 Year Target | N/A |
| Today’s High/Low | $0.71/$0.70 |
Where is future FinTech Group located? Future FinTech Group Inc. (Nasdaq: FTFT) is a fast-growing Financial Service and Financial Technology company incorporated in the State of Florida, the United States, and headquartered in New York City.
Who owns Future FinTech?
Board of Directors
| Shan Chun Huang Chief Executive Officer & Director | Future FinTech Group, Inc. |
|---|---|
| Yong Ke Xue Chairman | DigiPay FinTech Ltd., Future FinTech Group, Inc., Shaanxi Tianren Organic Food Co. Ltd., Skypeople International Holdings Group Ltd., Fancylight Ltd. |
What is the future of FinTech? « Embedded fintech will dominate the industry by 2030. This means financial services won’t necessarily be offered as a stand-alone product. Instead, it will be a part of the user interface of other products. Facebook Pay and Apple Card are examples of embedded fintech that have already birthed the change.
What does Ideanomics Inc do?
Company Description
Ideanomics, Inc. is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and fintech products. The firm operates through the Mobile Energy Global (MEG) and Ideanomics Capital business units.
What is Fintech group? Fintech Group is a leading enterprise IT solutions & services provider with operations in Kenya, Malawi, Mauritius, Uganda and Zimbabwe. We service technological needs of the Financial Services Industry to help you reach your full potential.
What is Fintech application?
Fintech apps (also known as financial technology apps) are popular today as they have changed the way businesses function. Electronic transactions have become much easier for people due to this industry. Fintech startups emerged as a response to the needs of having a more effective financial system.
Will fintech replace banks?
It’s highly unlikely that FinTech startups will replace traditional banks for a number of reasons. First, consumers still trust banks over startup companies to responsibly hold their money.
How fast is fintech growing? The global fintech market was worth $127.66 billion in 2018, with a predicted annual growth rate of ~25% until 2022, to $309.98 billion. It is still very small compared to the global financial services market.
Is fintech a good sector? All in all, the Fintech sector has a great potential which is why investors are getting attracted towards it. One of the greatest benefits that this sector offers is that it allows small players to compete in the same field as traditional banks and financial institutions.
Does Ideanomics have a future?
Ideanomics is bordering on breakeven, according to some American Machinery analysts. They anticipate the company to incur a final loss in 2023, before generating positive profits of US$11m in 2024. The company is therefore projected to breakeven around 2 years from today.
Who invested in Ideanomics? Top 10 Owners of Ideanomics Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| Northern Trust Investments, Inc. (… | 0.71% | 3,540,874 |
| Susquehanna Financial Group LLLP | 0.65% | 3,234,428 |
| The Vanguard Group, Inc. | 0.42% | 2,108,868 |
| BlackRock Investment Management L… | 0.28% | 1,406,003 |
Where is Ideanomics based?
The company is headquartered in New York, NY, with global operations in the U.S., China, Ukraine, Malaysia, and UK.
What are 4 categories of fintech? In this primer, we will highlight four fintech areas — digital lending, payments, blockchain and digital wealth management — that are of particular interest due to their rapid pace of growth, technological disruption, and regulatory and other risks.
Why is fintech so popular?
FinTech has taken an opportunity to provide peer-to-peer lending based on mutual terms and conditions at low-interest rates. This service has become popular with the investors and set to grow in the emerging markets.
How do fintech companies make money? Being a finance app, you can have a direct revenue source from online users. Subscriptions are charged at flat fees, thus, there is no percentage planning or third-party integration needed in the app. In short, subscriptions is the one answer to your question of how do fintech apps make money.
Is Robinhood a fintech? Robinhood ( HOOD -6.88% ) and Affirm ( AFRM -2.89% ) are both high-growth fintech companies that aspire to disrupt legacy financial institutions.
What are the disadvantages of fintech?
Disadvantages of Fintech
- Lack of physical branches. …
- Although in this aspect some fintech offer as a differentiator the use of blockchain technology to improve security, not all of them do so, a situation that puts the security of user data at risk.