FG Nexus Inc. (FGNX)Financial Services | Asset Management | Charlotte, United States | NasdaqGM
6.67 USD
+0.09
(1.368%)
⇧
(April 21, 2026, 4 p.m.
EDT)
After hours: 6.77 +0.10 (1.499%) ⇧ (April 21, 2026, 6:54 p.m. EDT) Short-term: ★☆☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 19, 2026, 12:43 a.m. EDT
FGNX remains a high-risk speculative vehicle trapped in a negative feedback loop. Fundamentally, the company is bleeding cash (negative ROE of -62%) with an unsustainable payout ratio (implied by cash consumption vs. tiny earnings) and a stock price divorced from fundamentals (P/B < 0.4 but trading on narrative). While a recent 'Buy' upgrade and a reverse stock split attempt to spark momentum, the underlying balance sheet and persistent losses make any recovery speculative rather than structured. The significant put positioning at $2.5 suggests the market skepticism that this is a value trap is deeply entrenched. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.701677 |
| AutoETS | 0.705880 |
| AutoTheta | 0.706144 |
| AutoARIMA | 0.728222 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 48% |
| H-stat | 4.51 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.108 |
| Excess Kurtosis | 0.52 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Debt to Equity Ratio | 1.34 |
| Revenue per Share | 0.905 |
| Market Cap | 43,556,488 |
| Forward P/E | -3.32 |
| Beta | 1.36 |
| Previous Name | Ballantyne Strong, Inc |
| Website | https://www.fgnexus.io |
As of April 19, 2026, 12:43 a.m. EDT: Options activity shows a massive disconnect between sentiment and pricing. The June 2026 puts data indicates significant positioning at the $2.5 strike (Top OI), suggesting speculators are betting on a significant decline to low levels, despite the current price flirting with $6.60. Conversely, the April 2026 expiration (expiring in 17 days) shows virtually zero ATM positioning, indicating a lack of organized rotation pressure at this specific near-term maturity. The high IV for April suggests a wait-and-see approach until expiration, but the skewed OI in June puts implies a strong bearish thesis among longer-term options investors.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.91591555 |
| Address1 | 6,408 Bannington Road |
| All Time High | 1,273.75 |
| All Time Low | 4.175 |
| Ask | 8.47 |
| Ask Size | 2 |
| Average Analyst Rating | 1.0 - Strong Buy |
| Average Daily Volume10 Day | 84,080 |
| Average Daily Volume3 Month | 84,126 |
| Average Volume | 84,126 |
| Average Volume10Days | 84,080 |
| Beta | 1.362 |
| Bid | 4.76 |
| Bid Size | 2 |
| Book Value | 17.126 |
| City | Charlotte |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 6.67 |
| Current Ratio | 8.788 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 6.735 |
| Day Low | 6.565 |
| Debt To Equity | 1.34 |
| Display Name | FG Nexus |
| Ebitda | -63,691,000 |
| Ebitda Margins | 0.0 |
| Eps Current Year | -1.98 |
| Eps Forward | -2.01 |
| Eps Trailing Twelve Months | -26.02 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.729 |
| Fifty Day Average Change | -0.059000015 |
| Fifty Day Average Change Percent | -0.008768021 |
| Fifty Two Week Change Percent | -91.59155 |
| Fifty Two Week High | 206.25 |
| Fifty Two Week High Change | -199.58 |
| Fifty Two Week High Change Percent | -0.9676606 |
| Fifty Two Week Low | 4.175 |
| Fifty Two Week Low Change | 2.495 |
| Fifty Two Week Low Change Percent | 0.59760475 |
| Fifty Two Week Range | 4.175 - 206.25 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,396,359,000,000 |
| Float Shares | 4,854,817 |
| Forward Eps | -2.01 |
| Forward P E | -3.318408 |
| Free Cashflow | -271,472,384 |
| Full Exchange Name | NasdaqGM |
| Full Time Employees | 15 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 1.0 |
| Gross Profits | 2,413,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.15734 |
| Held Percent Institutions | 0.28223 |
| Implied Shares Outstanding | 6,530,208 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Language | en-US |
| Last Split Date | 1,770,940,800 |
| Last Split Factor | 1:5 |
| Long Business Summary | FG Nexus Inc. operates as a holding company, provides digital assets, merchant banking, reinsurance and managed services. It offers merchant banking, which provides strategic, administrative, and regulatory support services to newly formed SPACs; and managed services, which offers remote network operating center support, on-site field service, content delivery, installation, and other services for cinema and entertainment operators. It also operates 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. was founded in 1932 and is based in Charlotte, North Carolina. |
| Long Name | FG Nexus Inc. |
| Market | us_market |
| Market Cap | 43,556,488 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_350660 |
| Name Change Date | 2,026-04-20 |
| Net Income To Common | -69,406,000 |
| Non Diluted Market Cap | 42,031,937 |
| Number Of Analyst Opinions | 1 |
| Open | 6.65 |
| Operating Cashflow | -6,250,000 |
| Operating Margins | -37.49156 |
| Payout Ratio | 0.0 |
| Phone | 704 994 8279 |
| Post Market Change | 0.099999905 |
| Post Market Change Percent | 1.499249 |
| Post Market Price | 6.77 |
| Post Market Time | 1,776,812,041 |
| Prev Name | Ballantyne Strong, Inc |
| Previous Close | 6.58 |
| Price Eps Current Year | -3.368687 |
| Price Hint | 2 |
| Price To Book | 0.38946632 |
| Price To Sales Trailing12 Months | 18.050762 |
| Profit Margins | 0.0 |
| Quick Ratio | 0.803 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.0 |
| Region | US |
| Regular Market Change | 0.0900002 |
| Regular Market Change Percent | 1.36778 |
| Regular Market Day High | 6.735 |
| Regular Market Day Low | 6.565 |
| Regular Market Day Range | 6.565 - 6.735 |
| Regular Market Open | 6.65 |
| Regular Market Previous Close | 6.58 |
| Regular Market Price | 6.67 |
| Regular Market Time | 1,776,801,601 |
| Regular Market Volume | 47,141 |
| Return On Assets | -0.29268 |
| Return On Equity | -0.62138003 |
| Revenue Growth | 8.281 |
| Revenue Per Share | 0.905 |
| Sand P52 Week Change | 0.3140242 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 6,431,819 |
| Shares Percent Shares Out | 0.0456 |
| Shares Short | 297,667 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 311,527 |
| Short Name | FG Nexus Inc. |
| Short Percent Of Float | 0.0469 |
| Short Ratio | 4.08 |
| 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 | 13,395,000 |
| Total Cash Per Share | 2.051 |
| Total Debt | 1,923,000 |
| Total Revenue | 2,413,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -26.02 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 33.77175 |
| Two Hundred Day Average Change | -27.101751 |
| Two Hundred Day Average Change Percent | -0.8024977 |
| Type Disp | Equity |
| Volume | 47,141 |
| Website | https://www.fgnexus.io |
| Zip | 28,226 |