D
Sell
5/22/2024Downgrade
FGI Industries Ltd. (FGI) was downgraded to D from D+ on 5/22/2024 due to a decline in the efficiency index and volatility index. Total capital declined 0.6% from $46.54M to $46.26M.
D
Sell
1/22/2024Upgraded
FGI Industries Ltd. (FGI) was upgraded to D+ from D on 1/22/2024 due to an increase in the volatility index and total return index.
D
Sell
10/20/2023Downgrade
FGI Industries Ltd. (FGI) was downgraded to D from D+ on 10/20/2023 due to a decline in the volatility index, valuation index and efficiency index. Total capital declined 0.94% from $46.81M to $46.37M.
D
Sell
8/1/2023Upgraded
FGI Industries Ltd. (FGI) was upgraded to D+ from D on 8/1/2023 due to an increase in the volatility index.
D
Sell
2/1/2023Upgraded
FGI Industries Ltd. (FGI) was upgraded to D from D- on 2/1/2023 due to an increase in the efficiency index, solvency index and total return index. Debt to equity declined from 0.73 to 0.64, the quick ratio increased from 0.66 to 0.74, and net income increased 8.68% from $1.17M to $1.27M.
D
Sell
10/3/2022Upgraded
FGI Industries Ltd. (FGI) was upgraded to D- from E on 10/3/2022 due to a noticeable increase in the growth index, efficiency index and volatility index. EBIT increased 150.37% from $690.7 to $1.73M, net income increased 120.77% from $530.2 to $1.17M, and earnings per share increased from $0.05 to $0.1.
E
Sell
7/1/2022Upgraded
FGI Industries Ltd. (FGI) was upgraded to E from E- on 7/1/2022 due to a noticeable increase in the solvency index. Debt to equity declined from 2.12 to 0.86, and the quick ratio increased from 0.55 to 0.63.
E
Sell
4/20/2022None
FGI Industries Ltd. (FGI) was downgraded to E- from U on 04/20/2022.
