FingerMotion (NASDAQ:FNGR) Posts Quarterly Earnings Results

FingerMotion (NASDAQ:FNGR) issued its earnings results on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.05), FiscalAI reports. FingerMotion had a negative net margin of 42.81% and a negative return on equity of 46.67%. The firm had revenue of $0.28 million during the quarter, compared to the consensus estimate of $6.00 million.

FingerMotion Price Performance

Shares of FingerMotion stock traded up $0.00 during trading hours on Thursday, reaching $0.18. The company had a trading volume of 4,566,325 shares, compared to its average volume of 13,488,073. FingerMotion has a one year low of $0.13 and a one year high of $1.74. The business has a fifty day simple moving average of $0.21 and a 200 day simple moving average of $0.50. The firm has a market cap of $13.34 million, a PE ratio of -1.54 and a beta of -0.33.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of FingerMotion in a research note on Friday, September 18th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, FingerMotion currently has a consensus rating of “Sell”.

FingerMotion Company Profile

FingerMotion, Inc (NASDAQ: FNGR) is a mobile technology and services company focused primarily on the Chinese market. Through its subsidiaries and operating partners, the company provides mobile payment and recharge services, messaging solutions, and other mobile-related products designed to support consumers and businesses.

FingerMotion’s business activities have included SMS and multimedia messaging services, mobile data and communications solutions, and technology platforms that use data analytics to generate business insights.