Fast Track Group’s Lock-Up Period Will End on November 19th (NASDAQ:FTRK)

Fast Track Group’s (NASDAQ:FTRK) lock-up period will end on Wednesday, November 19th. Fast Track Group had issued 3,750,000 shares in its IPO on May 23rd. The total size of the offering was $15,000,000 based on an initial share price of $4.00. After the expiration of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e-)” rating on shares of Fast Track Group in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Fast Track Group has an average rating of “Sell”.

Fast Track Group Price Performance

Shares of FTRK opened at $0.47 on Wednesday. The stock’s 50 day moving average price is $0.53. Fast Track Group has a one year low of $0.39 and a one year high of $9.69.

About Fast Track Group

Fast Track Events Pte. Ltd. was incorporated as an exempt private company limited by shares in Singapore on March 8, 2012 as an operating company of our businesses. We are a regional entertainment-focused event management and marketing company that provides a full range of services including experiential marketing, artiste endorsement and management, movie premiere organizations, grand openings and concerts.