Founder Group FGL
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Founder Group (FGL) Business Model and Operations Summary
Founder Group Ltd acts as an end-to-end Engineering, Procurement, Construction, and Commissioning solutions provider for solar PV facilities in Malaysia. The segments of the company are large-scale solar projects and commercial and industrial (C&I) solar projects. Large-scale solar projects of the company are utility-scale solar PV power plants with installed generating capacity of 1 MWac or more, and C&I projects of the company are smaller-scale solar projects where the solar PV systems are installed on rooftops and are designed to generate electricity for commercial and industrial properties for their consumption at factories, warehouses, and commercial stores. The company derives its revenue from Malaysia.
Key Insights
Founder Group (FGL) Core Market Data and Business Metrics
Latest Closing Price
$1.404Market Cap
$24.71 MillionTotal Outstanding Shares
18.77 Million SharesDividend
$0.07 Per Share QuarterlyIPO Date
October 23, 2024Primary Exchange
NASDAQ
Historical Stock Splits
| Execution Date | Split Amount |
|---|
Short Volume
Daily short volume activity identifies short-term trading pressure and potential price volatility
Short Interest
Short Interest
This information represents bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Avg Daily Volume: The average daily trading volume for the stock over the specified period, typically used to contextualize short interest.
Days To Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Bi-monthly short interest levels can be used to gauge bearish market sentiment and short squeeze potential
Historical Dividends
Current dividend: $0.07 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Nov 9, 2017 | Dec 11, 2017 | Nov 27, 2017 | $0.065 | Quarterly |
| Jul 27, 2017 | Aug 28, 2017 | Aug 14, 2017 | $0.065 | Quarterly |
| May 1, 2017 | Jun 5, 2017 | May 22, 2017 | $0.065 | Quarterly |
| Feb 2, 2017 | Mar 6, 2017 | Feb 21, 2017 | $0.065 | Quarterly |
| Nov 10, 2016 | Dec 12, 2016 | Nov 28, 2016 | $0.065 | Quarterly |
| Aug 1, 2016 | Sep 6, 2016 | Aug 22, 2016 | $0.065 | Quarterly |