Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. FingerMotion Inc’s current trading price is -52.95% away from its 52-week high, while its distance from the 52-week low is 192.97%. The stock’s price range during this period has varied between $1.28 and $7.97. The company, active in the Communication Services sector, saw a trading volume of around 0.56 million for the day, considerably higher average daily volume of 0.31 million observed over the last three months.
FingerMotion Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $7.97 on 09/13/23, and the lowest price during that time was $1.28, recorded on 05/25/23.
How Financial Performance Impacts Market Capitalization
FingerMotion Inc (FNGR) has experienced a quarterly rise of 57.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 197.06M and boasts a workforce of 59 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.90, with a change in price of -0.38. Similarly, FingerMotion Inc recorded 357,531 in trading volume during the last 100 days, posting a change of -9.20%.
How FNGR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for FNGR stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
FNGR Stock Stochastic Average
As of today, the raw stochastic average of FingerMotion Inc over the past 50 days is 89.71%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 85.00%. Additionally, the Stochastic %K and %D values for the company were 73.40% and 74.40%, respectively, over the past 20 days.
FNGR Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -6.72%. However, over the past six months, we’ve seen a stronger performance of -32.19%. The price of FNGR fallen by 51.82% over the last 30 days. And in the last five days, it has surged by 4.75%.
