The stock of Fundamental Global Inc (FGF) has seen a -10.16% decrease in the past week, with a -19.60% drop in the past month, and a -19.96% decrease in the past quarter. The volatility ratio for the week is 14.93%, and the volatility levels for the past 30 days are at 11.94% for FGF. The simple moving average for the past 20 days is -9.39% for FGF’s stock, with a -25.86% simple moving average for the past 200 days.
Is It Worth Investing in Fundamental Global Inc (NASDAQ: FGF) Right Now?
Fundamental Global Inc (NASDAQ: FGF) has a higher price-to-earnings ratio of 12.96x compared to its average ratio, The 36-month beta value for FGF is at 0.75. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for FGF is 0.75M, and currently, shorts hold a 0.25% of that float. The average trading volume for FGF on January 15, 2025 was 40.88K shares.
FGF) stock’s latest price update
Fundamental Global Inc (NASDAQ: FGF) has experienced a decline in its stock price by -9.09 compared to its previous closing price of 21.79. However, the company has seen a fall of -10.16% in its stock price over the last five trading days. globenewswire.com reported 2024-11-27 that Mooresville, NC, Nov. 27, 2024 (GLOBE NEWSWIRE) — Fundamental Global Inc. (Nasdaq: FGF) (the “Company” or “Fundamental Global”), formerly known as FG Financial Group, Inc., today announced that it has declared a quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A (the “Preferred Stock”), for the period commencing on September 15, 2024, and ending on December 14, 2024.
FGF Trading at -20.29% from the 50-Day Moving Average
After a stumble in the market that brought FGF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.55% of loss for the given period.
Volatility was left at 11.94%, however, over the last 30 days, the volatility rate increased by 14.93%, as shares sank -18.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.81% lower at present.
During the last 5 trading sessions, FGF fell by -10.16%, which changed the moving average for the period of 200-days by -45.73% in comparison to the 20-day moving average, which settled at $21.86. In addition, Fundamental Global Inc saw -9.13% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FGF starting from Fundamental Global Inc., who sale 1,000,000 shares at the price of $0.27 back on Dec 10 ’24. After this action, Fundamental Global Inc. now owns 1,223,843 shares of Fundamental Global Inc, valued at $269,000 using the latest closing price.
Fundamental Global Inc., the 10% Owner of Fundamental Global Inc, sale 10,000 shares at $0.17 during a trade that took place back on Dec 12 ’24, which means that Fundamental Global Inc. is holding 1,213,843 shares at $1,725 based on the most recent closing price.
Stock Fundamentals for FGF
Current profitability levels for the company are sitting at:
- -0.61 for the present operating margin
- -0.18 for the gross margin
The net margin for Fundamental Global Inc stands at 0.25. The total capital return value is set at -0.16. Equity return is now at value -24.82, with -22.14 for asset returns.
Based on Fundamental Global Inc (FGF), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at -1.59. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is -46.1.
Currently, EBITDA for the company is 3.43 million with net debt to EBITDA at 0.15. When we switch over and look at the enterprise to sales, we see a ratio of 0.79. The receivables turnover for the company is 1.19for trailing twelve months and the total asset turnover is 0.25.
Conclusion
In conclusion, Fundamental Global Inc (FGF) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.
