Understanding Basic Stock Data: Fortress Investment Group LLC (FIG)

In the past 52-week period, shares of Fortress Investment Group LLC (NYSE:FIG) have moved within the range of $4.78 to $8.05. On the stock’s most recent trading day, the company’s shares ended the regular session at $7.88, which is 2.11% lower than its 52-week high.

Fortress Investment Group LLC (FIG) has demonstrated a 20-day simple moving average (SMA) of 0.57%, and a 50-day SMA of -0.21%. This public company’s current market capitalization stands at $3.07 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Understanding Wall Street analyst’s enthusiasm for a particular stock is crucial when considering entering a position. According to the latest data, the consensus recommendation for Fortress Investment Group LLC (FIG) is Hold.

When it comes to sales data, public companies usually post revenue and earnings that are either higher or lower than the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Fortress Investment Group LLC (FIG) delivered a 2.45% surprise with its net revenue. Sales reached $0.25 billion during the three-month period, compared to the average analyst estimate of $0.26 billion.

Meanwhile, during the same quarter Fortress Investment Group LLC (FIG) delivered a 47.62% earnings surprise. Net earnings for the quarter were posted at $0.31 per share, whereas Wall Street had forecast $0.21 per share.

Ownership at Fortress Investment Group LLC (FIG), According to Most Recent SEC Filings

A public company’s latest 13F filings tell investors important details about institutional ownership. Fortress Investment Group LLC (FIG) has 0 billion shares outstanding currently, 71.13% of which belong to institutional investors. Those institutional holdings amount to $1.23 billion.

Additionally, according to the most recent 13F filing from Fortress Investment Group LLC (FIG), there were 11 new positions totaling 3,470,350 shares of the company’s stock. There were 18 sold out positions, on the other hand, totaling 5,809,884 shares.

Short, Medium and Long Term Indicators

Examining a stock’s average volume in the short, medium and long term is useful to understand trading activity and investor sentiment. Fortress Investment Group LLC (FIG) has had a 20-day average volume of 2,172,705 shares, with an average of 20% of short term indicators pointed at Buy.

The stock’s 50-day average volume has been 2,192,986 shares, with an average of 75% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 1,597,136 shares with 67% of long-term indicators pointing to Sell.