Future Fintech Group (NASDAQ:FTFT) Stock Passes Above Two Hundred Day Moving Average of $0.00

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Future Fintech Group Inc (NASDAQ:FTFT)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $1.02. Future Fintech Group shares last traded at $0.98, with a volume of 14,462 shares.

The company has a 50-day moving average of $1.14 and a 200 day moving average of $1.10.

An institutional investor recently raised its position in Future Fintech Group stock. Citadel Advisors LLC grew its position in shares of Future Fintech Group Inc (NASDAQ:FTFT) by 103.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,973 shares of the company’s stock after purchasing an additional 13,745 shares during the period. Citadel Advisors LLC owned about 0.09% of Future Fintech Group worth $33,000 at the end of the most recent reporting period. 0.17% of the stock is 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.

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