FGI Industries Ltd. (NASDAQ:FGI – Get Free Report)’s stock price was down 26.2% during mid-day trading on Monday . The stock traded as low as $0.53 and last traded at $0.53. Approximately 391,387 shares changed hands during mid-day trading, an increase of 530% from the average daily volume of 62,128 shares. The stock had previously closed at $0.72.
FGI Industries Price Performance
The firm has a fifty day simple moving average of $0.57 and a 200-day simple moving average of $0.74. The firm has a market cap of $5.08 million, a P/E ratio of -17.67 and a beta of 1.22.
FGI Industries (NASDAQ:FGI – Get Free Report) last announced its quarterly earnings results on Tuesday, May 13th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.21. The business had revenue of $33.21 million for the quarter, compared to analyst estimates of $33.00 million. FGI Industries had a positive return on equity of 0.35% and a negative net margin of 0.27%. On average, equities analysts predict that FGI Industries Ltd. will post -0.08 earnings per share for the current year.
About FGI Industries
FGI Industries ltd. supplies kitchen and bath products in the United States, Canada, Europe, and internationally. The company sells sanitaryware products, such as toilets, sinks, pedestals, and toilet seats; wood and wood-substitute furniture for bathrooms, including vanities, mirrors, laundry, medicine cabinets, and other storage systems; shower systems; and customer kitchen cabinetry and other accessory items under the Foremost, avenue, contrac, Jetcoat, rosenberg, and Covered Bridge Cabinetry brand names.
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