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Future FinTech Group Inc. (FTFT) Reaches $2.62 After 9.00% Up Move; Gerdau S.A. (GGB) Had 6 Analysts Last Week

The stock of Future FinTech Group Inc. (NASDAQ:FTFT) is a huge mover today! The stock increased 5.73% or $0.14 during the last trading session, reaching $2.62. About 111,503 shares traded. Future FinTech Group Inc. (NASDAQ:FTFT) has 0.00% since February 14, 2017 and is . It has underperformed by 16.70% the S&P500.The move comes after 8 months positive chart setup for the $16.63 million company. It was reported on Feb, 14 by We have $2.86 PT which if reached, will make NASDAQ:FTFT worth $1.50M more.

Among 7 analysts covering Gerdau (NYSE:GGB), 6 have Buy rating, 1 Sell and 0 Hold. Therefore 86% are positive. Gerdau had 11 analyst reports since August 10, 2015 according to SRatingsIntel. The stock has “Hold” rating by Credit Suisse on Thursday, September 7. The firm has “Buy” rating given on Friday, February 2 by Credit Suisse. The rating was downgraded by Scotia Capital on Tuesday, October 25 to “Underperform”. Bank of America upgraded the shares of GGB in report on Monday, November 27 to “Buy” rating. The firm has “Buy” rating by J.P. Morgan given on Friday, September 1. The rating was upgraded by Morgan Stanley on Thursday, August 18 to “Overweight”. The stock has “Underperform” rating by Bank of America on Monday, February 22. Goldman Sachs initiated the stock with “Buy” rating in Monday, August 10 report. As per Friday, September 1, the company rating was upgraded by JP Morgan. Credit Suisse upgraded the stock to “Outperform” rating in Thursday, August 4 report. See Gerdau S.A. (NYSE:GGB) latest ratings:

02/02/2018 Broker: Credit Suisse Rating: Buy Upgrade
27/11/2017 Broker: Bank of America Rating: Buy New Target: $4.25 Upgrade
07/09/2017 Broker: Credit Suisse Rating: Hold Downgrade
01/09/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Upgrade
01/09/2017 Broker: J.P. Morgan Rating: Buy Upgrade

The stock increased 3.30% or $0.145 during the last trading session, reaching $4.535. About 5.82M shares traded. Gerdau S.A. (NYSE:GGB) has risen 83.44% since February 14, 2017 and is uptrending. It has outperformed by 66.74% the S&P500.

Gerdau S.A. provides steel-related products and services worldwide. The company has market cap of $7.71 billion. The firm operates through Brazil Operations, North America Operations, South America Operations, and Special Steel Operations. It currently has negative earnings. It offers semi-finished products, such as billets, blooms, and slabs; common long rolled products, including rebars, merchant bars, and profiles that are used by the construction and manufacturing industries; and drawn products consisting of barbed and barbless fence wire, galvanized wire, fences, concrete reinforcing wire mesh, nails, and clamps, as well as mines and produces iron ore.

Future FinTech Group Inc., through its subsidiaries, produces and sells fruit juice concentrates, fruit beverages, and other fruit-related products in the PeopleÂ’s Republic of China. The company has market cap of $16.63 million. The firm 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. It currently has negative earnings. It also provides specialty fruit juices, such as kiwi, mulberry, turnjujube, and pomegranate juice, as well as apple spice, kiwifruit seeds, and fresh kiwifruit.

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