FingerMotion Inc [NASDAQ: FNGR] stock went on an upward path that rose over 5.78% on Thursday, amounting to a one-week price increase of more than 30.41%.
Over the last 12 months, FNGR stock dropped by -38.50%. The one-year FingerMotion Inc stock forecast points to a potential upside of 52.4. The average equity rating for FNGR stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $136.00 million, with 53.81 million shares outstanding and 41.92 million shares in the current float. Compared to the average trading volume of 279.91K shares, FNGR stock reached a trading volume of 3468942 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on FingerMotion Inc [FNGR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FNGR shares is $5.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FNGR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Benchmark Company have made an estimate for FingerMotion Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 22, 2023.
The Average True Range (ATR) for FingerMotion Inc is set at 0.23, with the Price to Sales ratio for FNGR stock in the period of the last 12 months amounting to 4.05. The Price to Book ratio for the last quarter was 13.30, with the Price to Cash per share for the same quarter was set at 0.00.
FNGR Stock Performance Analysis:
FingerMotion Inc [FNGR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 30.41. With this latest performance, FNGR shares gained by 70.00% in over the last four-week period, additionally plugging by 16.10% over the last 6 months – not to mention a drop of -38.50% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FNGR stock in for the last two-week period is set at 75.40, with the RSI for the last a single of trading hit 79.58, and the three-weeks RSI is set at 71.67 for FingerMotion Inc [FNGR]. The present Moving Average for the last 50 days of trading for this stock 1.45, while it was recorded at 2.05 for the last single week of trading, and 1.74 for the last 200 days.
Insight into FingerMotion Inc Fundamentals:
FingerMotion Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.41 and a Current Ratio set at 1.42.
FingerMotion Inc [FNGR] Institutonal Ownership Details
There are presently around $3.17%, or 4.32%% of FNGR stock, in the hands of institutional investors. The top three institutional holders of FNGR stocks are: MILLENNIUM MANAGEMENT LLC with ownership of 0.32 million shares, which is approximately 0.6041%. PLATFORM TECHNOLOGY PARTNERS, holding 0.14 million shares of the stock with an approximate value of $$0.36 million in FNGR stocks shares; and PLATFORM TECHNOLOGY PARTNERS, currently with $$0.31 million in FNGR stock with ownership which is approximately 0.2344%.
