Is Buying FGL Holdings (FG) Here a Winning Strategy?

The stock of FGL Holdings (NYSE:FG) is a huge mover today! The stock increased 3.34% or $0.28 during the last trading session, reaching $8.67. About 822,642 shares traded. FGL Holdings (NYSE:FG) has declined 12.73% since May 8, 2018 and is downtrending. It has underperformed by 17.10% the S&P500.
The move comes after 5 months positive chart setup for the $1.92 billion company. It was reported on May, 8 by Barchart.com. We have $9.19 PT which if reached, will make NYSE:FG worth $115.38M more.

More notable recent FGL Holdings (NYSE:FG) news were published by: Streetinsider.com which released: “Allstate (ALL) in talks with FGL Holdings (NYSE: FG) to sell book of run-off annuity business – Reuters – StreetInsider.com” on April 03, 2019, also Prnewswire.com with their article: “F&G Shakes Up The Usually Staid Annuities And Insurance Biz With A Bold New Identity – PRNewswire” published on March 04, 2019, Prnewswire.com published: “FGL Holdings Announces Date for Investment Portfolio Reposition Update for Investors – PRNewswire” on March 15, 2019. More interesting news about FGL Holdings (NYSE:FG) were released by: Finance.Yahoo.com and their article: “Here’s What Hedge Funds Think About Aimmune Therapeutics Inc (AIMT) – Yahoo Finance” published on May 02, 2019 as well as Seekingalpha.com‘s news article titled: “Heads, You Win; Tails, You Still Win – Seeking Alpha” with publication date: February 07, 2017.

FGL Holdings, through its subsidiaries, provides life insurance and fixed annuity products in the United States. The company has market cap of $1.92 billion. It also offers reinsurance solutions for life and annuity. It currently has negative earnings. The firm sells its products through a network of independent marketing organizations and independent agents.

FGL Holdings (NYSE:FG) Ratings Chart

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