Tower Research Capital LLC TRC Grows Stock Holdings in FingerMotion, Inc. (NASDAQ:FNGR)

Tower Research Capital LLC TRC increased its stake in shares of FingerMotion, Inc. (NASDAQ:FNGR) by 1,971.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,724 shares of the company’s stock after buying an additional 11,158 shares during the period. Tower Research Capital LLC TRC’s holdings in FingerMotion were worth $47,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of FingerMotion in the fourth quarter valued at about $114,000. Simplicity Solutions LLC purchased a new stake in shares of FingerMotion in the fourth quarter valued at about $40,000. Bleakley Financial Group LLC purchased a new stake in shares of FingerMotion in the fourth quarter valued at about $40,000. Delta Financial Group Inc. lifted its holdings in shares of FingerMotion by 39.8% in the fourth quarter. Delta Financial Group Inc. now owns 15,800 shares of the company’s stock valued at $64,000 after purchasing an additional 4,500 shares in the last quarter. Finally, Advisor Resource Council purchased a new stake in shares of FingerMotion in the fourth quarter valued at about $60,000. Hedge funds and other institutional investors own 3.90% of the company’s stock.

FingerMotion Price Performance

Shares of NASDAQ FNGR traded down $0.37 on Tuesday, hitting $3.50. The company’s stock had a trading volume of 781,452 shares, compared to its average volume of 333,876. FingerMotion, Inc. has a 12-month low of $1.28 and a 12-month high of $7.97. The company has a market capitalization of $184.50 million, a price-to-earnings ratio of -35.00 and a beta of -0.63. The stock has a 50 day moving average of $2.66 and a 200-day moving average of $3.48.

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.