Fundamental Global Inc. (NASDAQ:FGF – Get Free Report)’s stock price was down 6.8% during trading on Friday . The company traded as low as $21.36 and last traded at $21.07. Approximately 6,955 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 53,698 shares. The stock had previously closed at $22.60.
Fundamental Global Price Performance
The firm has a 50-day simple moving average of $23.18 and a 200-day simple moving average of $24.34. The firm has a market capitalization of $26.55 million, a PE ratio of 16.08 and a beta of 0.75. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.11 and a quick ratio of 1.11.
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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