FBS Global (NASDAQ:FBGL) Trading 4.6% Higher – Still a Buy?

FBS Global Ltd. (NASDAQ:FBGLGet Free Report)’s stock price traded up 4.6% on Wednesday . The stock traded as high as $0.79 and last traded at $0.68. 1,042,090 shares traded hands during mid-day trading, an increase of 21% from the average session volume of 858,209 shares. The stock had previously closed at $0.65.

FBS Global Trading Up 4.6%

The business has a 50-day simple moving average of $0.78.

About FBS Global

(Get Free Report)

The predecessor of our principal operating company was incorporated on March 9, 1996 in Singapore under the name Finebuild Systems Pte Ltd. Pursuant to a restructuring that took effect on August 2, 2022, FBS Global Limited, an exempted company incorporated in the Cayman Islands, through its wholly owned subsidiary, Success Elite Developments Limited, a company incorporated in BVI, became the ultimate holding company of our current principal operating subsidiary referred to herein as FBS SG.

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