FingerMotion Inc (NASDAQ:FNGR) shares, rose in value on Thursday, April 16, with the stock price up by 17.32% to the previous day’s close as strong demand from buyers drove the stock to $1.49.
Actively observing the price movement in the last trading, the stock closed the session at $1.27, falling within a range of $1.24 and $1.5. The value of beta (5-year monthly) was -0.443. Referring to stock’s 52-week performance, its high was $3.96, and the low was $1.03. On the whole, FNGR has fluctuated by -1.32% over the past month.
With the market capitalization of FingerMotion Inc currently standing at about $85.14 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2023-Oct-12.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FNGR’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of FNGR currently trading nearly 5.45% and 11.72% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.17, while the 7-day volatility ratio is showing 10.02% which for the 30-day chart, stands at 9.42%. Furthermore, FingerMotion Inc (FNGR)’s beta value is 0.06, and its average true range (ATR) is 0.13.
A comparison of FingerMotion Inc (FNGR) with its peers suggests the former has fared considerably weaker in the market. FNGR showed an intraday change of 17.32% in last session, and over the past year, it shrunk by -52.17%%.
Data on historical trading for FingerMotion Inc (NASDAQ:FNGR) indicates that the trading volumes over the past 10 days have averaged 0.16 and over the past 3 months, they’ve averaged 235.19K. According to company’s latest data on outstanding shares, there are 53.81 million shares outstanding.
Nearly 26.63% of FingerMotion Inc’s shares belong to company insiders and institutional investors own 3.10% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.55 million shares as on 2025-03-31, resulting in a short ratio of 9.07. According to the data, the short interest in FingerMotion Inc (FNGR) stood at 555.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.78 million. The stock has risen by 24.17% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FNGR stock heading into the next quarter.
