FBS Global (NASDAQ:FBGL) Stock Price Up 1.5% – Should You Buy?

Shares of FBS Global Limited (NASDAQ:FBGLGet Free Report) traded up 1.5% on Wednesday . The stock traded as high as $0.75 and last traded at $0.73. 40,136 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 715,040 shares. The stock had previously closed at $0.72.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of FBS Global in a report on Wednesday. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

View Our Latest Stock Report on FBS Global

FBS Global Price Performance

The firm’s fifty day moving average is $0.63 and its two-hundred day moving average is $0.67.

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.

Further Reading

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