Fundamental Global (NASDAQ:FGFPP) Trading Down 1.1% – Should You Sell?

Fundamental Global Inc. (NASDAQ:FGFPPGet Free Report) shares fell 1.1% during mid-day trading on Friday . The company traded as low as $16.30 and last traded at $16.30. 561 shares were traded during trading, a decline of 81% from the average session volume of 2,916 shares. The stock had previously closed at $16.48.

Fundamental Global Stock Performance

The business’s 50-day simple moving average is $16.32 and its 200-day simple moving average is $16.37.

Fundamental Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 12.27%. The ex-dividend date of this dividend is Monday, June 2nd.

Fundamental Global Company Profile

(Get Free Report)

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. Fundamental Global Inc was founded in 1932 and is based in Mooresville, North Carolina.

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