FingerMotion (NASDAQ:FNGR) Announces Quarterly Earnings Results

FingerMotion (NASDAQ:FNGR) released its quarterly 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. The company had revenue of $0.28 million for the quarter, compared to the consensus estimate of $6.00 million. FingerMotion had a negative net margin of 42.81% and a negative return on equity of 46.67%.

FingerMotion Trading Up 1.4%

Shares of FNGR stock opened at $0.18 on Friday. FingerMotion has a 12-month low of $0.13 and a 12-month high of $1.74. The stock’s 50-day moving average price is $0.20 and its 200-day moving average price is $0.50. The stock has a market capitalization of $13.34 million, a price-to-earnings ratio of -1.54 and a beta of -0.33.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of FingerMotion in a report on Friday, September 18th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company presently has an average 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.