Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
FingerMotion Inc (NASDAQ: FNGR) closed the day trading at $3.05 down -4.98% from the previous closing price of $3.21. In other words, the price has decreased by -$4.98 from its previous closing price. On the day, 0.52 million shares were traded. FNGR stock price reached its highest trading level at $3.36 during the session, while it also had its lowest trading level at $3.01.
Ratios:
For a better understanding of FNGR, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 160774336 and an Enterprise Value of 158374544. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.97 while its Price-to-Book (P/B) ratio in mrq is 12.68. Its current Enterprise Value per Revenue stands at 3.92 whereas that against EBITDA is -30.788.
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 21.28%, while the 200-Day Moving Average is calculated to be -27.16%.
Shares Statistics:
Over the past 3-months, FNGR traded about 313.48K shares per day on average, while over the past 10 days, FNGR traded about 558280 shares per day. 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 3.86% stake in the company. Shares short for FNGR as of 1711584000 were 1591675 with a Short Ratio of 5.08, compared to 1709164800 on 1921529. Therefore, it implies a Short% of Shares Outstanding of 1591675 and a Short% of Float of 3.8699999999999997.
Earnings Estimates
The dynamic stock of FingerMotion Inc (FNGR) is currently being evaluated by a team of FNGG analysts, each contributing to its current rating.The consensus estimate for the next quarter is $257.95, with high estimates of $3.05 and low estimates of $49.83.
