Alert: Major Price Decline (12/18/24)-FG Group Holdings Inc (NASDAQ: FGF).

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FG Group Holdings Inc (NASDAQ: FGF) stock suffered a major decline of -12.2% on 12/18/24. The shares closed at $22.22. However, below average trading volume at 81% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -14.5% during the last week.

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Current PriceTarget Research Rating

FG Group Holdings has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. FG Group Holdings has a poor Power Rating of 21 and a very low Appreciation Score of 4, leading to the Lowest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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