The Volatility of Founder Group Ltd’s (FGL) Stock: A 9.50% Ratio for the Week

The simple moving average for the past 20 days is -29.69% for FGL’s stock, with a -29.69% simple moving average for the past 200 days.

Is It Worth Investing in Founder Group Ltd (NASDAQ: FGL) Right Now?

The price-to-earnings ratio for Founder Group Ltd (NASDAQ: FGL) is 19.80x, which is above its average ratio.

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The public float for FGL is 3.08M and currently, short sellers hold a 0.31% of that float. On November 19, 2024, FGL’s average trading volume was 373.81K shares.

FGL) stock’s latest price update

The stock of Founder Group Ltd (NASDAQ: FGL) has increased by 13.95 when compared to last closing price of 1.72. Despite this, the company has experienced a 9.50% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-11 that KUALA LUMPUR, Malaysia, Nov. 11, 2024 (GLOBE NEWSWIRE) — Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), a pure play, end to end engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic systems in Malaysia, is pleased to announce the receipt of several Letters of Award (LOAs) for multiple large-scale solar projects, with a combined contract value of approximately US$5.5 million (equivalent to approximately RM22.5 million).

FGL Trading at -29.69% from the 50-Day Moving Average

After a stumble in the market that brought FGL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -62.74% of loss for the given period.

During the last 5 trading sessions, FGL rose by +9.50%, in comparison to the 20-day moving average. In addition, Founder Group Ltd saw -37.97% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for FGL

Current profitability levels for the company are sitting at:

  • 0.07 for the present operating margin
  • 0.12 for the gross margin

The net margin for Founder Group Ltd stands at 0.05. The total capital return value is set at 0.69.

Based on Founder Group Ltd (FGL), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at -0.71. The debt to equity ratio resting at 1.67. The interest coverage ratio of the stock is 8.8.

Currently, EBITDA for the company is 11.35 million with net debt to EBITDA at 1.7. When we switch over and look at the enterprise to sales, we see a ratio of 1.13. The receivables turnover for the company is 2.09for trailing twelve months and the total asset turnover is 1.77.

Conclusion

To wrap up, the performance of Founder Group Ltd (FGL) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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