Fundamental Global (NASDAQ:FGFPP) Shares Up 2.4% – Still a Buy?

Shares of Fundamental Global Inc. (NASDAQ:FGFPPGet Free Report) shot up 2.4% on Wednesday . The company traded as high as $17.04 and last traded at $17.04. 197 shares were traded during mid-day trading, a decline of 93% from the average session volume of 2,648 shares. The stock had previously closed at $16.64.

Fundamental Global Trading Up 2.4%

The stock’s fifty day moving average price is $16.64 and its 200-day moving average price is $16.49.

Fundamental Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $2.00 annualized dividend and a yield of 11.74%.

About Fundamental Global

(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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