The closing price of FingerMotion Inc (NASDAQ: FNGR) was $3.29 for the day, up 4.78% from the previous closing price of $3.14. In other words, the price has increased by $+0.1500 from its previous closing price. On the day, 881046 shares were traded. FNGR stock price reached its highest trading level at $3.6700 during the session, while it also had its lowest trading level at $3.0600.
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 3.54 and its Current Ratio is at 3.54. In the meantime, Its Debt-to-Equity ratio is 0.00 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.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 05 ’23 when Leong Yew Poh sold 12,500 shares for $5.70 per share. The transaction valued at 71,250 led to the insider holds 200,000 shares of the business.
Leong Yew Poh sold 2,176 shares of FNGR for $11,968 on Aug 30 ’23. The Director now owns 212,500 shares after completing the transaction at $5.50 per share. On Jul 31 ’23, another insider, Leong Yew Poh, who serves as the Director of the company, sold 7,824 shares for $5.79 each. As a result, the insider received 45,319 and left with 214,676 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FNGR now has a Market Capitalization of 172.87M and an Enterprise Value of 170.97M. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.28 while its Price-to-Book (P/B) ratio in mrq is 13.68. Its current Enterprise Value per Revenue stands at 4.23 whereas that against EBITDA is -34.75.
Stock Price History:
Over the past 52 weeks, FNGR has reached a high of $7.97, while it has fallen to a 52-week low of $1.28. The 50-Day Moving Average of the stock is 2.3985, while the 200-Day Moving Average is calculated to be 4.1989.
Shares Statistics:
FNGR traded an average of 289.08K shares per day over the past three months and 357.63k shares per day over the past ten days. A total of 49.43M shares are outstanding, with a floating share count of 37.08M. Insiders hold about 29.44% of the company’s shares, while institutions hold 3.89% stake in the company. Shares short for FNGR as of Mar 15, 2024 were 1.72M with a Short Ratio of 5.94, compared to 1.73M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.27% and a Short% of Float of 4.18%.
Earnings Estimates
The firm’s stock currently is rated by 0 analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
Revenue Estimates
Based on 1 analysts’ estimates, the company’s revenue will be $126.34M in the next fiscal year. The high estimate is $126.34M and the low estimate is $126.34M. The average revenue growth estimate for next year is up 69.10% from the average revenue estimate for this year.
