Prime Capital Investment Advisors LLC Sells 73,933 Shares of FingerMotion, Inc. (NASDAQ:FNGR)

Prime Capital Investment Advisors LLC decreased its stake in shares of FingerMotion, Inc. (NASDAQ:FNGR) by 73.5% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 26,700 shares of the company’s stock after selling 73,933 shares during the period. Prime Capital Investment Advisors LLC’s holdings in FingerMotion were worth $58,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Ground Swell Capital LLC purchased a new stake in FingerMotion during the 2nd quarter worth about $35,000. Bleakley Financial Group LLC raised its holdings in shares of FingerMotion by 70.0% in the 1st quarter. Bleakley Financial Group LLC now owns 17,000 shares of the company’s stock valued at $36,000 after acquiring an additional 7,000 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of FingerMotion in the 2nd quarter valued at about $42,000. Simplicity Wealth LLC raised its holdings in shares of FingerMotion by 123.5% in the 2nd quarter. Simplicity Wealth LLC now owns 38,000 shares of the company’s stock valued at $97,000 after acquiring an additional 21,000 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of FingerMotion in the 2nd quarter valued at about $105,000. Hedge funds and other institutional investors own 3.90% of the company’s stock.

FingerMotion Stock Performance

NASDAQ:FNGR opened at $1.96 on Monday. The business’s 50-day moving average price is $2.08 and its two-hundred day moving average price is $2.35. FingerMotion, Inc. has a twelve month low of $1.63 and a twelve month high of $5.12. The stock has a market cap of $105.47 million, a P/E ratio of -17.82 and a beta of -0.97. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.01.

FingerMotion (NASDAQ:FNGR) last released its quarterly earnings results on Tuesday, October 15th. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $8.46 million during the quarter. FingerMotion had a negative net margin of 18.29% and a negative return on equity of 49.46%.

About FingerMotion

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.