A share price of FingerMotion Inc [FNGR] is currently trading at $3.58, up 13.65%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FNGR shares have gain 17.38% over the last week, with a monthly amount glided 64.98%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
FingerMotion Inc [NASDAQ: FNGR] stock has seen the most recent analyst activity on June 22, 2023, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $5.
FingerMotion Inc experienced fluctuations in its stock price throughout the past year between $1.28 and $7.97. FingerMotion Inc [NASDAQ: FNGR] shares were valued at $3.58 at the most recent close of the market.
Analyzing the FNGR fundamentals
Trailing Twelve Months sales for FingerMotion Inc [NASDAQ:FNGR] were 40.40M which represents -46.15% decline. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.23%. To continue investigating profitability, this company’s Return on Assets is posted at -0.52, Equity is -0.68 and Total Capital is -0.41. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.29 points at the first support level, and at 3.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.72, and for the 2nd resistance point, it is at 3.87.
FingerMotion Inc [FNGR] reported earnings per share of $0 for its fiscal quarter that ended on 8/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.02/share, meaning a difference of $0.02 and a surprise factor of 100.00%. By comparison, the stated earnings for the previous quarter ended on 5/31/2023 were -$0.02 per share as compared to estimates of -$0.05 per share, a difference of $0.03 representing a surprise of 60.00%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for FingerMotion Inc [NASDAQ:FNGR] is 3.54. As well, the Quick Ratio is 3.54, while the Cash Ratio is 0.39. Considering the valuation of this stock, the price to sales ratio is 4.66, the price to book ratio is 14.89.
Transactions by insiders
Recent insider trading involved Leong Yew Poh, Director, that happened on Sep 05 ’23 when 12500.0 shares were sold. Director, Leong Yew Poh completed a deal on Aug 30 ’23 to sell 2176.0 shares. Meanwhile, Director Leong Yew Poh sold 7824.0 shares on Jul 31 ’23.
