Fitness Champs (NASDAQ:FCHL) Shares Down 8.2% – Time to Sell?

Fitness Champs Holdings Ltd (NASDAQ:FCHL)’s stock price was down 8.2% during mid-day trading on Wednesday . The stock traded as low as $0.2201 and last traded at $0.2222. Approximately 269,421 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 382,275 shares. The stock had previously closed at $0.2421.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e-)” rating on shares of Fitness Champs in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Fitness Champs currently has a consensus rating of “Sell”.

Fitness Champs Price Performance

The firm has a fifty day moving average of $0.28.

Fitness Champs (NASDAQ:FCHL) last issued its earnings results on Monday, December 29th. The company reported $0.00 EPS for the quarter. The firm had revenue of $0.85 million during the quarter.

Institutional Trading of Fitness Champs

An institutional investor recently bought a new position in Fitness Champs stock. Scientech Research LLC acquired a new stake in Fitness Champs Holdings Ltd (NASDAQ:FCHL) during the third quarter, according to its most recent filing with the SEC. The firm acquired 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.