Future FinTech Group Inc. (NASDAQ:FTFT), a financial and digital technology service provider, is preparing for a reverse stock split at a ratio of 4 for 1, set to take effect on January 20, 2026. This strategic move aims to consolidate shares and potentially stabilize the stock price.
The reverse stock split will adjust shareholders' holdings after the market closes on January 19, 2026. As of the latest trading session, FTFT shares opened at $0.71, with a 50-day moving average of $1.04 and a 200-day moving average of $1.73. Over the past year, the stock has seen a low of $0.56 and a high of $5.00.
With a market capitalization of currently $14.4 million, FTFT is facing financial challenges, as indicated by a negative P/E ratio of -0.05. The company reported a loss of $0.33 per share in its most recent quarterly earnings, with revenue of $1.33 million. The financial difficulties are further highlighted by a negative return on equity of 303.80%.
The reverse stock split will not alter the par value of the common stock, which remains at $0.001 per share. Fractional shares resulting from the split will be rounded up to the nearest whole share. The new CUSIP number for the post-split shares will be 36117V402, as announced by the company.
