FBS Global Ltd (NASDAQ: FBGL) is -68.99% lower on its value in year-to-date trading and has touched a low of $0.73 and a high of $5.45 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FBGL stock was last observed hovering at around $0.91 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $1.07, the stock is 20.91% and -1.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing 18.10% at the moment leaves the stock -1.14% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $1.0823 and a 200-day simple moving average (SMA200) of $1.0823.
The stock witnessed a -6.96% in the last 1 month, and is 28.92% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 15.53% over the week and 17.38% over the month.
Current P/E ratio is 28.92. Profit margin for the company is 2.70%. Distance from 52-week low is 46.37% and -80.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.10%).
The EPS is expected to shrink by -100.00% this year
The shares outstanding are 13.50M, and float is at 4.13M with Short Float at 7.57%.
