The trading price of FBS Global Ltd (NASDAQ:FBGL) closed higher on current market day and closing at $1.14, 22.98% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $0.916 and $1.22. The company’s P/E ratio in the trailing 12-month period was 30.81. In examining the 52-week price action we see that the stock hit a 52-week high of $5.45 and a 52-week low of $0.73. Over the past month, the stock has gained 11.76% in value.
FBS Global Ltd, whose market valuation is $15.39 million at the time of this writing, is expected to release its quarterly earnings report in April. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
A quick review shows that FBGL’s price is currently 28.04% off the SMA20 and 5.63% off the SMA50. The RSI metric on the 14-day chart is currently showing 36.22, and weekly volatility stands at 23.75%. When measured over the past 30 days, the indicator reaches 18.65%. FBS Global Ltd (NASDAQ:FBGL)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 0.26.
To see how FBS Global Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: FBGL stock’s performance was 22.98% in the latest trading. FBS Global Ltd has a P/E ratio of 30.81.
An evaluation of the daily trading volume of FBS Global Ltd (NASDAQ:FBGL) indicates that the 3-month average is 974.22K. However, this figure has increased over the past 10 days to an average of 0.43.
Currently, records show that 13.50 million of the company’s shares remain outstanding. The stats also highlight that short interest as of 2025-02-28, stood at 53526.0 shares, resulting in a short ratio of 0.21 at that time. From this, we can conclude that short interest is 757.00 of the company’s total outstanding shares. However, since the stock’s price has seen -66.96% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
