FG Communities (NASDAQ:FGC – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported ($0.10) earnings per share (EPS) for the quarter, Zacks reports. FG Communities had a negative net margin of 4,888.86% and a negative return on equity of 95.68%. The business had revenue of $0.23 million for the quarter.
FG Communities Stock Performance
NASDAQ:FGC traded up $0.04 during midday trading on Thursday, reaching $6.22. 141,141 shares of the stock traded hands, compared to its average volume of 101,261. The business has a 50-day moving average of $7.84 and a two-hundred day moving average of $7.27. The stock has a market capitalization of $28.46 million, a PE ratio of -0.78 and a beta of 1.27. FG Communities has a 12-month low of $4.18 and a 12-month high of $16.95.
Analyst Ratings Changes
Several research firms recently issued reports on FGC. Wall Street Zen upgraded FG Communities from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. Weiss Ratings raised FG Communities from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, September 24th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, FG Communities has a consensus rating of “Hold” and a consensus target price of $10.00.
Get Our Latest Analysis on FGC
About FG Communities
FG Nexus, Inc. (NASDAQ: FGNX) is a diversified holding company focused on building and managing a portfolio of businesses across several industries. The company’s activities include investments and operating interests in financial services, media and entertainment, and related businesses. Through its subsidiaries and investments, FG Nexus provides access to services and products connected with financial solutions, entertainment technology, and other specialized operating activities. Its portfolio-oriented structure allows the company to pursue opportunities across multiple business sectors rather than relying on a single product line.
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