Fundamental Global (NASDAQ:FGFPP) Stock Price Down 2.1% – Here’s Why

Fundamental Global Inc. (NASDAQ:FGFPP – Get Free Report) fell 2.1% during trading on Friday. The company traded as low as $24.72 and last traded at $25.05. 644 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 3,104 shares. The stock had previously closed at $25.59.

Fundamental Global Stock Performance

The firm has a 50 day simple moving average of $24.78 and a two-hundred day simple moving average of $24.73.

About Fundamental Global

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Fundamental Global Inc is a diversified holding company focused on building long-term value through investments in financial services and other businesses. The company evaluates opportunities across areas such as insurance, asset management, investment management and related financial activities.

Through its investments and operating subsidiaries, Fundamental Global provides capital, strategic support and financial expertise to businesses and investment vehicles. Its portfolio may include interests in public and private companies, with an emphasis on businesses that the company believes have the potential for long-term growth.

Fundamental Global is headquartered in Charlotte, North Carolina.

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