FG Nexus Inc. (FGNX)Financial Services | Asset Management | Charlotte, United States | NasdaqGM
5.08 USD
+0.32
(6.723%)
⇧
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:18 a.m. EDT
The investment case here is fundamentally broken. The company is hemorrhaging cash with operating losses exceeding 170% of revenue and negative free cash flow of nearly $235 million, while simultaneously reporting a sharp decline in top-line sales. Despite trading at a distorted low price-to-book ratio, the business is deteriorating rapidly, having lost over 89% of its value over the last nine years with two consecutive years of negative growth. The recent pivot to manufactured housing has not yet translated into financial recovery. Furthermore, the options market is screaming caution, with traders buying significant downside protection while offering almost no speculative upside exposure. With no analyst coverage, a negative earnings outlook, and a statistical model predicting further declines, there is no rational basis for a near-term entry. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.144640 |
| MSTL | 0.182638 |
| AutoARIMA | 0.203379 |
| AutoETS | 0.204766 |
| MSTL_115 | 0.218605 |
| MSTL_84 | 0.285993 |
| MSTL_84_115 | 0.294525 |
Forecast horizon: 60 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 36% |
| H-stat | 0.60 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.936 |
| Excess Kurtosis | 0.07 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Debt to Equity Ratio | 2.053 |
| Revenue per Share | 0.565 |
| Market Cap | 29,141,008 |
| Trailing P/E | 1.42 |
| Forward P/E | -0.20 |
| Beta | 1.40 |
| Previous Name | Ballantyne Strong, Inc |
| Website | https://fgnexus.io |
As of July 11, 2026, 4:18 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive put volume (200 contracts) concentrated in the August expiration compared to negligible call activity. This heavy skew suggests a consensus expectation of further price weakness rather than a rebound attempt.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.94528735 |
| Address1 | 6,408 Bannington Road |
| All Time High | 1,273.75 |
| All Time Low | 4.175 |
| Ask | 5.08 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 141,430 |
| Average Daily Volume3 Month | 120,037 |
| Average Volume | 120,037 |
| Average Volume10Days | 141,430 |
| Beta | 1.395 |
| Bid | 3.65 |
| Bid Size | 2 |
| Book Value | 11.305 |
| City | Charlotte |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 5.08 |
| Current Ratio | 16.342 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 5.1701 |
| Day Low | 4.7 |
| Debt To Equity | 2.053 |
| Display Name | FG Nexus |
| Ebitda | -101,645,000 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -0.359 |
| Enterprise To Revenue | 15.146 |
| Enterprise Value | 36,457,296 |
| Eps Current Year | -25.5 |
| Eps Forward | -25.82 |
| Eps Trailing Twelve Months | 3.58 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.33 |
| Fifty Day Average Change | -1.25 |
| Fifty Day Average Change Percent | -0.19747235 |
| Fifty Two Week Change Percent | -94.52873 |
| Fifty Two Week High | 206.25 |
| Fifty Two Week High Change | -201.17 |
| Fifty Two Week High Change Percent | -0.9753697 |
| Fifty Two Week Low | 4.175 |
| Fifty Two Week Low Change | 0.90499973 |
| Fifty Two Week Low Change Percent | 0.21676639 |
| Fifty Two Week Range | 4.175 - 206.25 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,396,359,000,000 |
| Float Shares | 4,674,649 |
| Forward Eps | -25.82 |
| Forward P E | -0.1967467 |
| Free Cashflow | -235,273,632 |
| Full Exchange Name | NasdaqGM |
| Full Time Employees | 15 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 1.0 |
| Gross Profits | 2,407,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.22117001 |
| Held Percent Institutions | 0.32372 |
| Implied Shares Outstanding | 5,736,419 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,770,940,800 |
| Last Split Factor | 1:5 |
| Long Business Summary | FG Nexus Inc. operates a digital asset treasury focused on Ethereum (ETH) and tokenization opportunities in the United States. It operates through two segments, Digital Assets and Merchant Banking. The company focuses on commercializing and expanding the tokenization of real-world assets, such as housing, reinsurance, real estate, and other asset classes. It also provides merchant banking services, including strategic, administrative, and regulatory support services to newly formed SPACs. In addition, the company engages in the manufactured housing communities; and casual restaurant platform businesses. Further, it holds real estate and equity holdings. The company was formerly known as Fundamental Global Inc. and changed its name to FG Nexus Inc. in September 2025. FG Nexus Inc. is based in Charlotte, North Carolina. |
| Long Name | FG Nexus Inc. |
| Market | us_market |
| Market Cap | 29,141,008 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_350660 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | -100,951,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 27,305,354 |
| Number Of Analyst Opinions | 1 |
| Open | 4.78 |
| Operating Cashflow | -9,556,000 |
| Operating Margins | -173.37932 |
| Payout Ratio | 0.0 |
| Phone | 704 994 8279 |
| Prev Name | Ballantyne Strong, Inc |
| Previous Close | 4.76 |
| Price Eps Current Year | -0.19921568 |
| Price Hint | 2 |
| Price To Book | 0.44935867 |
| Price To Sales Trailing12 Months | 12.106775 |
| Profit Margins | 0.0 |
| Quick Ratio | 3.088 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.32 |
| Regular Market Change Percent | 6.72268 |
| Regular Market Day High | 5.1701 |
| Regular Market Day Low | 4.7 |
| Regular Market Day Range | 4.7 - 5.1701 |
| Regular Market Open | 4.78 |
| Regular Market Previous Close | 4.76 |
| Regular Market Price | 5.08 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 150,299 |
| Return On Assets | -0.65019 |
| Return On Equity | -1.2816701 |
| Revenue Growth | -0.025 |
| Revenue Per Share | 0.565 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 5,736,419 |
| Shares Percent Shares Out | 0.0508 |
| Shares Short | 291,404 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 318,298 |
| Short Name | FG Nexus Inc. |
| Short Percent Of Float | 0.0531 |
| Short Ratio | 2.93 |
| Source Interval | 15 |
| State | NC |
| Symbol | FGNX |
| Target High Price | 10.0 |
| Target Low Price | 10.0 |
| Target Mean Price | 10.0 |
| Target Median Price | 10.0 |
| Total Cash | 14,141,000 |
| Total Cash Per Share | 2.259 |
| Total Debt | 1,863,000 |
| Total Revenue | 2,407,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 3.58 |
| Trailing P E | 1.4189944 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 11.78995 |
| Two Hundred Day Average Change | -6.7099504 |
| Two Hundred Day Average Change Percent | -0.5691246 |
| Type Disp | Equity |
| Volume | 150,299 |
| Website | https://fgnexus.io |
| Zip | 28,226 |