Wall Street Zen Upgrades Founder Group (NASDAQ:FGL) to Hold

Founder Group (NASDAQ:FGL) was upgraded by equities research analysts at Wall Street Zen to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Founder Group in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Founder Group Price Performance

Shares of FGL stock opened at $0.44 on Friday. Founder Group has a fifty-two week low of $0.29 and a fifty-two week high of $5.00. The firm has a fifty day moving average price of $0.63.

Founder Group Company Profile

Founder Group Limited is a pure-play, end-to-end EPCC solutions provider for solar PV facilities principally in Malaysia. The company’s primary focus is large-scale solar projects and commercial and industrial solar projects. Founder Group Limited is based in KUALA LUMPUR, Malaysia.