Fundamental Global (NASDAQ:FGF) Shares Up 2.3% – Should You Buy?

Fundamental Global Inc. (NASDAQ:FGFGet Free Report)’s share price shot up 2.3% on Tuesday . The company traded as high as $18.15 and last traded at $18.82. 4,389 shares changed hands during mid-day trading, a decline of 72% from the average session volume of 15,680 shares. The stock had previously closed at $18.40.

Fundamental Global Stock Down 4.2 %

The firm’s 50 day simple moving average is $20.56 and its 200-day simple moving average is $23.17. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $23.33 million, a price-to-earnings ratio of 14.08 and a beta of 0.79.

Fundamental Global Company Profile

(Get Free Report)

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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