On the stock market since 2007, it operates in the world of money and finance. Now — the numbers.
An investor who bought at the very peak is down 87% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
It pays out $0.65 per share each year — regular cash for whoever holds the stock.
Since the drop from its peak, buyer appetite hasn’t come back.
On our five-subject report card, FXP sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: FXP is a high-risk stock — not yet profitable, and its future rides on its product catching on.