Fitness Champs (NASDAQ:FCHL) Shares Down 3.4% – Time to Sell?

Fitness Champs Holdings Ltd (NASDAQ:FCHL) fell 3.4% during trading on Thursday . The company traded as low as $1.12 and last traded at $1.15. 12,964 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 929,640 shares. The stock had previously closed at $1.19.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on FCHL shares. Weiss Ratings upgraded shares of Fitness Champs from a “sell (e)” rating to a “sell (d-)” rating in a report on Thursday, June 11th. Wall Street Zen raised Fitness Champs from a “sell” rating to a “hold” rating in a report on Monday, May 25th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Fitness Champs currently has an average rating of “Sell”.

Fitness Champs Trading Down 3.4%

The stock’s fifty day moving average price is $4.17 and its 200-day moving average price is $67.37.

Fitness Champs (NASDAQ:FCHL) last posted its quarterly earnings data on Saturday, May 16th. The company reported ($52.14) EPS for the quarter. The company had revenue of $0.76 million for the quarter.

Institutional Trading of Fitness Champs

An institutional investor recently bought a new stake in Fitness Champs stock. Scientech Research LLC bought a new position in Fitness Champs Holdings Ltd (NASDAQ:FCHL) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 45,312 shares of the company’s stock, valued at approximately $25,000.

Fitness Champs Company Profile

Our mission is to make swimming an affordable sport for all by offering comprehensive swimming lessons and teaching swimming skills and techniques to our students and to encourage the public mass to use swimming as a healthy and fun sport for all ages. We believe we are a leading sports education provider in Singapore based on the following: (i) in 2023, we were the largest service provider of the SwimSafer Program based on the number of assessment bookings, accounting for approximately 30% of market share; and (ii) we are one of the few swim education providers in Singapore that provides both services to students under training programs funded by the Singapore Government and provision of customized private swimming training services.