FingerMotion (NASDAQ:FNGR) Trading Down 1%

Shares of FingerMotion, Inc. (NASDAQ:FNGR) fell 1% during trading on Friday . The stock traded as low as $1.99 and last traded at $2.04. 129,282 shares were traded during mid-day trading, a decline of 59% from the average session volume of 314,527 shares. The stock had previously closed at $2.06.

FingerMotion Trading Down 1.0 %

The firm’s 50-day moving average price is $2.05 and its 200 day moving average price is $2.56. The company has a market capitalization of $107.53 million, a price-to-earnings ratio of -25.50 and a beta of -1.01.

FingerMotion (NASDAQ:FNGR) last announced its quarterly earnings data on Friday, June 28th. The company reported ($0.03) EPS for the quarter. FingerMotion had a negative net margin of 12.96% and a negative return on equity of 31.97%. The firm had revenue of $8.37 million for the quarter.

Institutional Trading of FingerMotion

Several institutional investors and hedge funds have recently modified their holdings of FNGR. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of FingerMotion in the 4th quarter valued at approximately $114,000. Virtu Financial LLC bought a new position in FingerMotion in the 4th quarter valued at approximately $313,000. Simplicity Wealth LLC boosted its position in FingerMotion by 123.5% in the second quarter. Simplicity Wealth LLC now owns 38,000 shares of the company’s stock valued at $97,000 after buying an additional 21,000 shares in the last quarter. Bleakley Financial Group LLC grew its stake in shares of FingerMotion by 70.0% during the first quarter. Bleakley Financial Group LLC now owns 17,000 shares of the company’s stock worth $36,000 after buying an additional 7,000 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of FingerMotion during the second quarter worth $105,000. 3.90% of the stock is currently owned by institutional investors.

FingerMotion Company Profile

FingerMotion, Inc, a mobile data specialist company, provides mobile payment and recharge platform system in China. The company offers telecommunication products and services, including data plans, subscription plans, mobile phones, and loyalty points redemption services; bulk short message service and multimedia messaging services; and Rich Communication Services (RCS) platform, a proprietary business messaging platform that enables businesses and brands to communicate and service their customers on the 5G infrastructure.