November 20, 2023, FingerMotion Inc (NASDAQ: FNGR) trading session started at the price of $4.51, that was -10.93% drop from the session before. During the day, the shares moved up to $4.55 and dropped to $4.01 before settling in for the closing price of $4.53. A 52-week range for FNGR has been $1.01 – $7.97.
Annual sales at Communication Services sector company grew by 182.67% over the past five years. With a float of $27.29 million, this company’s outstanding shares have now reached $49.43 million.
Let’s look at the performance matrix of the company that is accounted for 59 employees. In terms of profitability, gross margin is +6.97, operating margin of -19.23, and the pretax margin is -22.14.
FingerMotion Inc (FNGR) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward FingerMotion Inc stocks. The insider ownership of FingerMotion Inc is 48.06%, while institutional ownership is 2.37%. The most recent insider transaction that took place on Sep 05, was worth 71,250. In this transaction Director of this company sold 12,500 shares at a rate of $5.70, taking the stock ownership to the 200,000 shares. Before that another transaction happened on Aug 30, when Company’s Director sold 2,176 for $5.50, making the entire transaction worth $11,968. This insider now owns 212,500 shares in total.
FingerMotion Inc (FNGR) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 8/30/2023, it has been observed that the corporation posted $0 earnings per share (EPS) during the time that was better than consensus figure (set at -$0.02) by $0.02. This company achieved a net margin of -22.14 while generating a return on equity of -83.59. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
FingerMotion Inc (NASDAQ: FNGR) Trading Performance Indicators
You can see what FingerMotion Inc (FNGR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13
Technical Analysis of FingerMotion Inc (FNGR)
FingerMotion Inc (NASDAQ: FNGR) saw its 5-day average volume 0.58 million, a negative change from its year-to-date volume of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 23.53%. Additionally, its Average True Range was 0.53.
During the past 100 days, FingerMotion Inc’s (FNGR) raw stochastic average was set at 22.84%, which indicates a significant increase from 1.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.59% in the past 14 days, which was lower than the 141.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.64, while its 200-day Moving Average is $3.63. Nevertheless, the first resistance level for the watch stands at $4.39 in the near term. At $4.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.93. If the price goes on to break the first support level at $3.85, it is likely to go to the next support level at $3.66. The third support level lies at $3.31 if the price breaches the second support level.
FingerMotion Inc (NASDAQ: FNGR) Key Stats
There are 52,545K outstanding shares of the company, which has a market capitalization of 212.04 million. As of now, sales total 34,050 K while income totals -7,540 K. Its latest quarter income was 9,280 K while its last quarter net income were -130 K.