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How to Buy Fgi Industries Stock

Fgi Industries Ltd

FGI Industries ltd. supplies kitchen and bath products in the United States, Canada, and Europe.

Fgi Industries stock last closed at $0.96, up 0% from the previous day, and has decreased 47.25% in one year. It has underperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.48 percentage points. Fgi Industries stock is currently +20% from its 52-week low of $0.80, and -50.87% from its 52-week high of $1.95.

As of Jul 12, 2024, there are 9.55M shares of FGI outstanding. The market cap of FGI is $9.17M. In the last 24 hours, 7339 FGI shares were traded.

How to Buy Fgi Industries Stock

Wondering how to invest in Fgi Industries stock? Here's how.
  1. Figure out where to buy Fgi Industries stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Fgi Industries stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Select your payment method and add your information.
  4. Evaluate Fgi Industries stock: The Fgi Industries ticker symbol is FGI. Is Fgi Industries stock a good investment? Should you buy shares of FGI? How do FGI's underlying business fundamentals look? Do top analysts think Fgi Industries is a good buy? Why has FGI's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if FGI is a good stock to buy).
  5. Execute your FGI purchase: Decide if you will purchase FGI shares at the current market price or use a limit order to purchase FGI stock at a particular price.
  6. Get the latest news on your FGI investment: Create a watchlist to track your new investment in Fgi Industries shares.

Step 1: Figure out where to buy Fgi Industries stock

You will need an online brokerage account in order to access the NASDAQ market and buy FGI stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our research, eToro is the best stock brokerage. Here's why:

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Step 2: Open a brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal information so you can buy FGI today.

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  1. Click here to get started.
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  2. Input your personal details to create your new trading account.
  1. Send your info by pressing the "Create Account" button.
  2. Get started with eToro today
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Step 3: Put funds into your investment account

Now that you have filled out your info on app for investing, you need to deposit funds:

Watch the walkthrough below to see the process of depositing money into your brokerage account.

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Step 4: Evaluate Fgi Industries stock

After you have decided on the best place to buy Fgi Industries stock, it's very important to analyze their stock before you invest, so you truly wrap your head around the risk and upside.

Fgi Industries quick stats

FGI Price
$0.96
1w %
-10.7%
1y %
-47.25%
5y %
N/A
P/E
13.71x
P/B
0.38x
P/S
0.08x
PEG
N/A
Revenue
$120.83M
Earnings
$373.45k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$9.17M
Next Earnings
Aug 9, 2024
Next Dividend
N/A

FGI Due Diligence Checks

WallStreetZen was built to help average investors do better fundamental analysis.

You can view all of the due diligence checks on FGI's stock page.

Is FGI stock properly valued?

Analysts use many financial metrics, analyses, models, and charts to gauge FGI's intrinsic value.

Using relative valuations ratios:

  • FGI may be undervalued based on its P/E ratio of 13.71x, relative to Furnishings Fixtures & Appliances industry P/E ratio of 18.22x
  • FGI could be undervalued based on its P/B ratio of 0.38x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.27x

You can access additional valuation research on FGI's stock here.

Is FGI a healthy company?

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the FGI balance sheet.
  • There are more short-term assets than long-term liabilities on the FGI balance sheet.

Negative Financial Indicators:

  • FGI has $3.32M in cash and short term investments. This is not sufficient to cover its annual cash burn of $7.05M.
  • FGI has cash burn of 7047215. It does not have sufficient cash and short-term investments to cover this.
  • FGI has a relatively high debt to equity ratio of 1.89.
  • FGI profit margin has gone down from 2% to 0.3% in the past year.

You can dig deeper into what analysts are projecting on the Fgi Industries stock forecast page.

FGI Technicals

SMA10
1.01
SMA20
0.97
SMA50
1.03
SMA100
1.22
SMA200
1.37
MACD
-0.01
MACD Signal
-0.01
MACD Histogram
0
RSI
46.68
Stochastic %K
29.04
Stochastic %D
31.62
StochRSI %K
39.03
StochRSI %D
45.72

FGI Performance Numbers

Last year, FGI earnings were $373.45k. During the last 2 year, FGI's earnings have increased by -69.85% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 6.44%.

Last year, FGI revenue was $120.83M. In the past two year, FGI's revenue has increased by -20.07% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 6.7%.

You can analyze FGI's earnings and revenue performance here.

What are FGI executives and large shareholders up to?

In the last year, executives and large shareholders at FGI have not bought or sold any shares.

Dig into more about who owns FGI shares here.

Can I rely on FGI as an income stream?

No, Fgi Industries doesn't provide an income stream by paying out dividends.

What do other investors have to say about FGI?

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Execute your FGI purchase

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price limit, use a limit order.

Hit the Open button and your broker will execute your order.

If you require additional assistance investing in stocks on eToro, watch the how to video below:

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Step 6: Get the latest news on your FGI investment

Now that you own some FGI stock, you'll want to keep up with your investment.

Add FGI to a watchlist to get the latest updates about your FGI stock.

FGI Feed

How to Buy Stock in Fgi Industries

To reiterate, here are the 6 steps to buy Fgi Industries stock:

  1. Figure out where to buy Fgi Industries stock
  2. Open a brokerage account
  3. Put funds into your investment account
  4. Evaluate Fgi Industries stock
  5. Execute your FGI purchase
  6. Get the latest news on your FGI investment

If you require a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your investment in Fgi Industries, click the button below.

NASDAQ: FGI
$0.96+0.00 (+0%)
Updated Jul 12, 2024
Open eToro Account
NASDAQ: FGI
$0.96+0.00 (+0%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Fgi Industries share?

As of Jul 12, 2024, it costs $0.96 to buy one share of Fgi Industries stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.48, you can buy 0.5 shares of FGI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Fgi Industries stock?

One way to place an order for Fgi Industries stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.