Virtu Financial LLC Trims Holdings in FingerMotion, Inc. $FNGR

Virtu Financial LLC trimmed its position in FingerMotion, Inc. (NASDAQ:FNGR) by 62.6% during the first quarter, Holdings Channel.com reports. The firm owned 19,337 shares of the company’s stock after selling 32,357 shares during the period. Virtu Financial LLC’s holdings in FingerMotion were worth $26,000 at the end of the most recent quarter.

Separately, Anson Funds Management LP purchased a new position in FingerMotion in the 4th quarter valued at about $871,000. 3.90% of the stock is owned by institutional investors and hedge funds.

FingerMotion Price Performance

NASDAQ FNGR opened at $1.61 on Tuesday. FingerMotion, Inc. has a 12 month low of $1.03 and a 12 month high of $5.20. The company has a 50-day moving average of $1.83 and a 200-day moving average of $1.93. The company has a market cap of $95.65 million, a P/E ratio of -16.10 and a beta of -0.86.

FingerMotion (NASDAQ:FNGR) last posted its quarterly earnings data on Tuesday, July 15th. The company reported ($0.04) EPS for the quarter. FingerMotion had a negative net margin of 15.31% and a negative return on equity of 44.33%. The company had revenue of $8.46 million for the quarter.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded shares of FingerMotion from a “hold” rating to a “sell” rating in a research note on Friday, July 18th.

FingerMotion Company Profile

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.