Fundamental Global Inc. (NASDAQ:FGF – Get Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $18.97 and last traded at $20.97, with a volume of 25292 shares changing hands. The stock had previously closed at $26.00.
Fundamental Global Price Performance
The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.05 and a current ratio of 1.05. The firm’s 50-day moving average is $0.99 and its two-hundred day moving average is $1.07.
Fundamental Global (NASDAQ:FGF – Get Free Report) last released its earnings results on Wednesday, August 14th. The company reported ($0.22) earnings per share (EPS) for the quarter. Fundamental Global had a negative return on equity of 16.00% and a negative net margin of 14.29%. The business had revenue of $7.87 million for the quarter.
About Fundamental Global
Fundamental Global Inc engages in reinsurance, merchant banking, and asset management business. The company offers initial public offering services. It also offers specialty property and casualty reinsurance services. In addition, the company provides investment advisory services. The company was formerly known as Ballantyne Strong, Inc and changed its name to FG Group Holdings Inc in December 2022.
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