FGI Industries (NASDAQ:FGI) Issues Earnings Results

FGI Industries (NASDAQ:FGI) posted its quarterly earnings data on Wednesday. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.04), Zacks reports. FGI Industries had a positive return on equity of 0.35% and a negative net margin of 0.27%.

FGI Industries Stock Performance

NASDAQ:FGI traded down $0.05 during mid-day trading on Wednesday, reaching $0.84. 8,052 shares of the company’s stock were exchanged, compared to its average volume of 20,870. The firm has a market capitalization of $8.03 million, a PE ratio of -28.00 and a beta of 1.23. FGI Industries has a one year low of $0.70 and a one year high of $1.59. The business’s fifty day simple moving average is $0.85 and its two-hundred day simple moving average is $0.84.

About FGI Industries

FGI Industries ltd. supplies kitchen and bath products in the United States, Canada, Europe, and internationally. The company sells sanitaryware products, such as toilets, sinks, pedestals, and toilet seats; wood and wood-substitute furniture for bathrooms, including vanities, mirrors, laundry, medicine cabinets, and other storage systems; shower systems; and customer kitchen cabinetry and other accessory items under the Foremost, avenue, contrac, Jetcoat, rosenberg, and Covered Bridge Cabinetry brand names.