Fast Track Group (NASDAQ:FTRK) Shares Up 4.5% – Still a Buy?

Fast Track Group (NASDAQ:FTRK)’s stock price was up 4.5% during trading on Tuesday . The stock traded as high as $0.46 and last traded at $0.46. Approximately 1,108 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 16,496 shares. The stock had previously closed at $0.4401.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Fast Track Group in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Fast Track Group has an average rating of “Sell”.

Fast Track Group Stock Up 4.5%

The company’s 50 day simple moving average is $0.69 and its two-hundred day simple moving average is $0.59.

Fast Track Group (NASDAQ:FTRK) last issued its quarterly earnings data on Tuesday, January 13th. The company reported ($0.04) EPS for the quarter. The firm had revenue of $0.47 million during the quarter.

Institutional Trading of Fast Track Group

An institutional investor recently bought a new position in Fast Track Group stock. Citadel Advisors LLC purchased a new position in Fast Track Group (NASDAQ:FTRK) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 92,086 shares of the company’s stock, valued at approximately $51,000. Citadel Advisors LLC owned about 0.42% of Fast Track Group at the end of the most recent quarter.

Fast Track Group Company Profile

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. In addition to our expertise in event and concert management, we offer comprehensive value-added services tailored to meet specific client demands.