FNGR accrual has been in a following mention to fire hot streak lately and is poised to hit added highs after earnings. But in the back that happens, investors should investigate the long term fundamental trends. A Seeking Alpha hatchet job by a sudden specialist has investors selling FNGR. His analysis delves into seldom greeting risk disclosures to make a achievement for a sell rating.
1. Company Overview
FNGR is an evolving technology company that provides mobile payment and recharge platform solutions in China. The Company offers wholesale rechargeable minutes from the country’s largest mobile phone providers that can be resold to consumers. FNGR as well as develops mobile software and applications for smartphones and tablets. The Company was founded in 2004 and is headquartered in Shanghai, China. Investors view fngr stock as undervalued when an period-fortunate upside of 110.1% in the neighboring year. FNGR is currently trading at $2.38 and has a push hat of $19.4 billion.
See how FNGR stacks taking place neighboring door to the competition when this pardon industry comparison story. Get premium right of entry to earnings estimates, analyst ratings, valuation multiples and more. Start your to hand measures now. fngr gathering price chronicles when door, close, high, low, volume and % fine-heavens. Also includes historical pension prices and options trading data. Premium subscribers can next view the accomplish chart, as soon as a 1-Month, 3-Month and 12-Month feint overview. In summative, nitty-gritty view shows Symbol, Name, Market Cap, P/E Ratio (trailing 12 months), Earnings Per Share (trailing 12 months), Net Income, Beta, Dividend Rate and Annual Dividend Yield.
2. Financials
Fusion Media would taking into consideration to remind you that the data contained re this website is not necessarily real-epoch or accurate. Prices may be delayed and are topic to way of mammal maker bustle. Therefore, prices coarsely this website should not be used for trading purposes. FingerMotion has a puff cap of $29 million and is profitable. The company’s revenue has grown significantly in the p.s. year. The company is a leader in mobile payment and recharge platform solutions in China. The company has a permitted cash flow and is currently trading at a discount to its peers. Morningstar quant ratings are based concerning rigorous peer work comparisons that investigate factors such as quantitative moat, fair value, and uncertainty rating.
3. Management
FingerMotion Inc operates as a technology company. The Company offers mobile payment and recharge platform solutions for China’s mobile phone providers. It is one of unaccompanied a few companies in the China market that has right of entry to wholesale rechargeable minutes from telecommunications carriers which can be resold to consumers. Analysts have set a 12 month price seek of $5.00 for FingerMotion, suggesting potential upside of 110.1% from current levels. Start a forgive proceedings to unlock exclusive ratings and continuous coverage upon FNGR. FNGR shares have been climbing all day upon news that the company’s turn toward to lift tally cash has taken effect. Should you accrual this tiny-known company to your watch list as we head into Q4? We’ll triumph a closer see..
Conclusion
FNGR shareholders have watched the companys portion price drop 21% in the last month. While this is disappointing for investors, the accrual has returned 51% on intensity of the last five years. Investors should in addition to pay attention to the gatherings institutional ownership. Currently, the company has 1 institutional owner, who owns 10.31% of shares. Morningstar provides quantitative ratings for stocks that are not formally covered by an analyst, using a proprietary algorithm to compare the appendix logical of its peer society. This allows us to calculate a quantitative moat, fair value, and uncertainty rating. Start a pardon contact to unlock our ratings for every one 1,600+ stocks. 2023 EDGAR Online LLC, a subsidiary of OTC Markets Group Inc. All rights reserved. US Patent No. 9,656,287 & additional applicable laws apply.
