FingerMotion Inc’s Market Journey: Closing Weak at 3.56, Down -9.87

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

The closing price of FingerMotion Inc (NASDAQ: FNGR) was $3.56 for the day, down -9.87% from the previous closing price of $3.95. In other words, the price has decreased by -$9.87 from its previous closing price. On the day, 0.61 million shares were traded.

Ratios:

Our analysis of FNGR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on June 22, 2023, initiated with a Buy rating and assigned the stock a target price of $5.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 6.06 while its Price-to-Book (P/B) ratio in mrq is 19.89.

Stock Price History:

Over the past 52 weeks, FNGR has reached a high of $5.20, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is 52.70%, while the 200-Day Moving Average is calculated to be 88.50%.

Shares Statistics:

A total of 53.81M shares are outstanding, with a floating share count of 41.92M. Insiders hold about 26.63% of the company’s shares, while institutions hold 1.55% stake in the company.

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