Flat Glass Group (FGSGF) Set to Post Quarterly Earnings on Friday

Flat Glass Group (OTCMKTS:FGSGF) is projected to announce its results after the market closes on Friday, October 30th. Analysts expect the company to announce earnings of ($0.0075) per share and revenue of $440.37 million for the quarter.

Flat Glass Group Stock Performance

Shares of OTCMKTS FGSGF opened at $0.85 on Wednesday. The stock’s 50-day simple moving average is $0.91 and its two-hundred day simple moving average is $1.24. Flat Glass Group has a twelve month low of $0.85 and a twelve month high of $1.41.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised Flat Glass Group from a “sell” rating to a “neutral” rating in a report on Monday, July 27th. One analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Flat Glass Group Company Profile

Flat Glass Group Co, Ltd. is a China-based manufacturer of glass products, with a primary focus on photovoltaic (PV) glass used in solar panels. The company supplies glass for crystalline silicon photovoltaic modules and provides products designed to support solar power generation applications.

Its product portfolio also includes float glass, architectural glass, household glass and other specialty glass products. These products serve the renewable energy, construction, residential and industrial markets, with PV glass representing a significant part of the company’s business.

Founded in 1998, Flat Glass Group is headquartered in Jiaxing, Zhejiang Province, China.