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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 $1.05, up 0.96% from the previous day, and has decreased 41.01% in one year. It has underperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.4 percentage points. Fgi Industries stock is currently +10.64% from its 52-week low of $0.95, and -48.02% from its 52-week high of $2.02.

At the moment, there are 9.55M FGI shares outstanding. The market cap of FGI is $10.02M. In the last 24 hours, 442 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 pick an online brokerage, but don't worry - we've sifted through 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% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Select your method of payment 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 research tools can help you evaluate 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 specific price.
  6. Get the latest news on your FGI investment: Create a watchlist to important updates regarding your new investment in Fgi Industries stock.

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 shares.

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

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Step 2: Open a brokerage account

Now that you've picked the best brokerage, you need to fill out some personal information so you can buy FGI today.

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Step 3: Put funds into your investment account

Now that you've opened your account on the best beginner stock app, your next step is to transfer the money for your investment:

Watch the video below to see the process of depositing money into your investment account.

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Step 4: Evaluate Fgi Industries stock

Once you have chosen the best place to buy Fgi Industries stock, it's absolutely critical to research their stock before you buy, so you can wrap your head around the risk and upside.

Overview of key FGI info

FGI Price
$1.05
1w %
-17.32%
1y %
-41.01%
5y %
N/A
P/E
13.13x
P/B
0.41x
P/S
0.09x
PEG
N/A
Revenue
$117.24M
Earnings
$733.60k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$10.02M
Next Earnings
May 9, 2024
Next Dividend
N/A

FGI Due Diligence Checks

WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in less time.

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

Is FGI stock undervalued?

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

Using relative valuations metrics:

  • FGI could be undervalued based on its P/E ratio of 13.13x, relative to Furnishings Fixtures & Appliances industry P/E ratio of 16.08x
  • FGI may be undervalued based on its P/B ratio of 0.41x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.13x

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

FGI Financial Health Overview

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 profit margin has gone down from 2.3% to 0.6% in the past year.
  • FGI has a relatively high debt to equity ratio of 1.73.
  • FGI earnings of $2.29M is not sufficient to cover its interest payments.
  • FGI's operating cash flow of $1.39M allows it to safely service it's debt of $22.23M.

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

FGI Technical Indicators

SMA10
1.16
SMA20
1.31
SMA50
1.45
SMA100
1.51
SMA200
1.54
MACD
-0.12
MACD Signal
-0.09
MACD Histogram
-0.03
RSI
30.13
Stochastic %K
14.72
Stochastic %D
11.94
StochRSI %K
13.14
StochRSI %D
9.05

Is FGI Making Money?

Last year, FGI earnings were $733.60k. During the last three year, FGI's earnings have grown by -95.91% per year. This was slower than the Furnishings Fixtures & Appliances industry average of -9.21%.

Last year, FGI revenue was $117.24M. During the past 4 year, FGI's revenue has gone up by -1.84% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 20.2%.

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

Latest Insiders Trades at FGI

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

Dig into more about who owns FGI stock here.

Can I get consistent income from FGI stock?

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

What others are saying about FGI

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Step 5: Execute your FGI purchase

There are two main order types:

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

Hit the Open Trade button and eToro will execute your order.

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Step 6: Get the latest news on your FGI investment

Now that you own some shares in FGI, you'll want to keep up with your company.

Start a watchlist to track the most important metrics related to your FGI stock.

FGI Feed

How to Buy Stock in Fgi Industries

To summarize, here are the 6 steps for buying 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 are looking for a online brokerage, eToro is our recommended option.

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 get notifications regarding your new investment in Fgi Industries, add FGI to your watchlist below.

NASDAQ: FGI
$1.05+0.01 (+0.96%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: FGI
$1.05+0.01 (+0.96%)
Updated Apr 25, 2024
Open eToro Account

FAQ

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

As of Apr 25, 2024, it costs $1.05 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 $0.53, 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.