FGI Industries Ltd [FGI] is 146.75% higher this YTD. Is it still time to buy?

Edison Baldwin

FGI Industries Ltd [NASDAQ: FGI] gained 139.29% on the last trading session, reaching $9.5 price per share at the time.

FGI Industries Ltd represents 1.92 million in outstanding shares, while the company has a total market value of $18.23 million with the latest information. FGI stock price has been found in the range of $7.9001 to $12.6199.

If compared to the average trading volume of 42.83K shares, FGI reached a trading volume of 41284180 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about FGI Industries Ltd [FGI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FGI shares is $8.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FGI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Price to Book ratio for the last quarter was 0.86, with the Price to Cash per share for the same quarter was set at 1.31.

Trading performance analysis for FGI stock

FGI Industries Ltd [FGI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 156.76. With this latest performance, FGI shares gained by 161.71% in over the last four-week period, additionally plugging by 126.46% over the last 6 months – not to mention a rise of 145.16% in the past year of trading.

FGI Industries Ltd [FGI]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and FGI Industries Ltd [FGI] shares currently have an operating margin of -2.53% and a Gross Margin at 25.81%. FGI Industries Ltd’s Net Margin is presently recorded at -2.07%.

FGI Industries Ltd (FGI) Capital Structure & Debt Analysis

According to recent financial data for FGI Industries Ltd. ( FGI), the Return on Equity (ROE) stands at -12.48%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -3.97%, reflecting the company’s efficiency in generating profits from its assets. Additionally, FGI Industries Ltd’s Return on Invested Capital (ROIC) is -8.77%, showcasing its effectiveness in deploying capital for earnings.

FGI Industries Ltd (FGI) Efficiency & Liquidity Metrics

Based on FGI Industries Ltd’s (FGI) latest financial statements, the Debt-to-Equity Ratio is 1.18%, indicating its reliance on debt financing relative to shareholder equity.

FGI Industries Ltd (FGI) Efficiency & Liquidity Metrics

From an operational efficiency perspective, FGI Industries Ltd. (FGI) effectively leverages its workforce, generating an average of -$6690.48 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.21% and a Quick Ratio of 0.90%, indicating strong ability to cover short-term liabilities.

FGI Industries Ltd [FGI]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, FGI Industries Ltd posted -0.05/share EPS, while the average EPS was predicted by analysts to be reported at 0.45/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.51. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FGI.

An analysis of Institutional ownership at FGI Industries Ltd [FGI]

There are presently around $6.50%, or 23.92%% of FGI stock, in the hands of institutional investors. The top three institutional holders of FGI stocks are: FIRST WILSHIRE SECURITIES MANAGEMENT INC with ownership of 0.87 million shares, which is approximately 9.1124%. PERRITT CAPITAL MANAGEMENT INC, holding 70000.0 shares of the stock with an approximate value of $$78400.0 in FGI stocks shares; and PERRITT CAPITAL MANAGEMENT INC, currently with $$27497.0 in FGI stock with ownership which is approximately 0.2571%.

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