Fundamental Global (NASDAQ:FGFPP) Trading Down 1.1% – Here’s Why

Fundamental Global Inc. (NASDAQ:FGFPPGet Free Report)’s share price dropped 1.1% during mid-day trading on Friday . The company traded as low as $20.01 and last traded at $20.2305. Approximately 5,805 shares changed hands during trading, an increase of 87% from the average daily volume of 3,104 shares. The stock had previously closed at $20.45.

Fundamental Global Stock Performance

The company’s 50-day simple moving average is $19.28 and its 200 day simple moving average is $18.49.

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. Fundamental Global Inc was founded in 1932 and is based in Mooresville, North Carolina.

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