Fitell Co. (NASDAQ:FTEL – Get Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $25.99, but opened at $26.88. Fitell shares last traded at $26.90, with a volume of 22,161 shares traded.
Fitell Stock Performance
The business’s 50-day moving average is $23.74 and its 200-day moving average is $20.77.
Hedge Funds Weigh In On Fitell
A hedge fund recently bought a new stake in Fitell stock. XTX Topco Ltd acquired a new stake in shares of Fitell Co. (NASDAQ:FTEL – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 9,028 shares of the company’s stock, valued at approximately $274,000. XTX Topco Ltd owned approximately 0.08% of Fitell as of its most recent SEC filing. Institutional investors and hedge funds own 0.10% of the company’s stock.
About Fitell
Fitell Corporation, together with its subsidiaries, operates as an online retailer of gym and fitness equipment for personal training studios and commercial gyms chains in Australia and Southeast Asia. The company sells fitness equipment, including home gym and commercial strength-training equipment; and cardio equipment, such as rowing machines, exercise bikes, treadmills, and other related products under the Muscle Motion, Rapid Motion, and FleetX brand names.
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