Fundamental Global (NASDAQ:FGF) Stock Price Down 1.7% – Should You Sell?

Fundamental Global Inc. (NASDAQ:FGFGet Free Report) shares fell 1.7% during mid-day trading on Monday . The stock traded as low as $20.00 and last traded at $20.00. 12,292 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 39,190 shares. The stock had previously closed at $20.34.

Fundamental Global Price Performance

The company’s 50-day moving average is $21.24 and its 200-day moving average is $23.92. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.11 and a quick ratio of 1.11. The firm has a market capitalization of $25.30 million, a price-to-earnings ratio of 15.27 and a beta of 0.75.

About Fundamental Global

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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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