At the time of writing, FingerMotion Inc [FNGR] stock is trading at $1.51, up 6.71%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FNGR shares have gain 8.63% over the last week, with a monthly amount glided 31.30%, and seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of FingerMotion Inc fluctuated between $1.03 and $3.96. FingerMotion Inc [NASDAQ: FNGR] shares were valued at $1.51 at the most recent close of the market.
Analyzing the FNGR fundamentals
According to FingerMotion Inc [NASDAQ:FNGR], the company’s sales were 33.57M for trailing twelve months, which represents an 38.99% jump. Gross Profit Margin for this corporation currently stands at 0.06% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.16%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.51 and Total Capital is -0.57. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
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 1.3833 points at the first support level, and at 1.2567 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6533, and for the 2nd resistance point, it is at 1.7967.
Ratios To Look Out For
It is important to note that FingerMotion Inc [NASDAQ:FNGR] has a current ratio of 1.42. Also, the Quick Ratio is 1.41, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 2.57, the price to book ratio is 8.44.
