Insider Selling: Fundamental Global Inc. (NASDAQ:FGF) Director Sells 550 Shares of Stock

Fundamental Global Inc. (NASDAQ:FGF) Director Scott D. Wollney sold 550 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $30.32, for a total transaction of $16,676.00. Following the transaction, the director now directly owns 3,840 shares of the company’s stock, valued at $116,428.80. This represents a 12.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Fundamental Global Stock Performance

Shares of FGF stock opened at $33.99 on Thursday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.01. Fundamental Global Inc. has a 12-month low of $14.21 and a 12-month high of $40.75. The business’s 50 day moving average is $24.52 and its two-hundred day moving average is $25.45. The company has a market capitalization of $42.83 million, a P/E ratio of 25.18 and a beta of 0.55.

About Fundamental Global

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.