FingerMotion, Inc. (NASDAQ:FNGR - Get Free Report) was the recipient of unusually large options trading activity on Tuesday. Investors acquired 28,227 call options on the stock. This is an increase of 1,512% compared to the average volume of 1,751 call options.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in FNGR. Anson Funds Management LP acquired a new position in FingerMotion during the 4th quarter worth approximately $871,000. Kingsview Wealth Management LLC purchased a new position in FingerMotion during the 1st quarter worth $30,000. Bleakley Financial Group LLC lifted its stake in shares of FingerMotion by 43.1% in the 4th quarter. Bleakley Financial Group LLC now owns 73,000 shares of the company's stock worth $88,000 after acquiring an additional 22,000 shares during the period. Finally, Virtu Financial LLC lifted its stake in shares of FingerMotion by 66.6% in the 3rd quarter. Virtu Financial LLC now owns 38,439 shares of the company's stock worth $84,000 after acquiring an additional 15,360 shares during the period. Institutional investors and hedge funds own 3.90% of the company's stock.
FingerMotion Trading Up 8.7%
FNGR traded up $0.28 during trading hours on Friday, hitting $3.50. 855,649 shares of the company's stock were exchanged, compared to its average volume of 312,917. FingerMotion has a 12-month low of $1.03 and a 12-month high of $3.65. The firm has a 50 day moving average of $1.68 and a 200 day moving average of $1.60. The firm has a market cap of $199.99 million, a P/E ratio of -35.00 and a beta of -0.85.
FingerMotion Company Profile
(
Get Free Report)
FingerMotion, Inc, a mobile data specialist company, provides mobile payment and recharge platform system in China. The company offers telecommunication products and services, including data plans, subscription plans, mobile phones, and loyalty points redemption services; bulk short message service and multimedia messaging services; and Rich Communication Services (RCS) platform, a proprietary business messaging platform that enables businesses and brands to communicate and service their customers on the 5G infrastructure.
Further Reading
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