FG Financial Group - FGF Stock Forecast, Price & News

FG Financial Group, Inc. operates as a reinsurance and investment management holding company in the United States. The company offers specialty property and casualty reinsurance products and services. It also operates a special purpose acquisition company platform (SPAC) that provides various strategic, administrative, and regulatory support services to newly formed SPACs for a monthly fee. The company was formerly known as 1347 Property Insurance Holdings, Inc. and changed its name to FG Financial Group, Inc. in December 2020. The company was incorporated in 2012 and is based in St. Petersburg, Florida.

FG Financial Group Trading Up 2.1 %

FG Financial Group stock traded up $0.03 during trading on Wednesday, hitting $1.59. 45,477 shares of the company were exchanged, compared to its average volume of 41,064. The business's 50 day moving average is $1.72 and its 200 day moving average is $2.63. FG Financial Group has a 52 week low of $1.39 and a 52 week high of $7.24. The company has a market capitalization of $14.78 million, a P/E ratio of -0.63 and a beta of 0.76.

FG Financial Group (NASDAQ:FGF - Get Rating) last announced its quarterly earnings data on Monday, May 16th. The company reported ($0.66) earnings per share (EPS) for the quarter. The business had revenue of $0.15 million during the quarter.

Insider Buying and Selling at FG Financial Group

In other FG Financial Group news, major shareholder Fundamental Global Gp, Llc acquired 1,898,733 shares of FG Financial Group stock in a transaction on Thursday, June 16th. The stock was purchased at an average price of $1.58 per share, for a total transaction of $2,999,998.14. Following the purchase, the insider now directly owns 2,904,231 shares of the company's stock, valued at $4,588,684.98. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 61.50% of the company's stock.