Fundamental Global (NASDAQ:FGF) Shares Down 6.8% – Should You Sell?

Fundamental Global Inc. (NASDAQ:FGFGet Free Report) fell 6.8% during mid-day trading on Friday . The company traded as low as $21.36 and last traded at $21.07. 6,955 shares were traded during mid-day trading, a decline of 87% from the average session volume of 53,698 shares. The stock had previously closed at $22.60.

Fundamental Global Trading Down 6.8 %

The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.01. The stock’s 50 day moving average price is $23.18 and its 200-day moving average price is $24.34. The stock has a market capitalization of $26.55 million, a PE ratio of 16.08 and a beta of 0.75.

Fundamental Global Company Profile

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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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