Fitness Champs (NASDAQ:FCHL) Shares Down 3.4% – What’s Next?

Fitness Champs Holdings Ltd (NASDAQ:FCHL)’s stock price traded down 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 trading, a decline of 99% from the average daily volume of 929,640 shares. The stock had previously closed at $1.19.

Analyst Ratings Changes

A number of research firms recently weighed in on FCHL. Weiss Ratings upgraded Fitness Champs from a “sell (e)” rating to a “sell (d-)” rating in a research report on Thursday, June 11th. Wall Street Zen upgraded Fitness Champs from a “sell” rating to a “hold” rating in a report on Monday, May 25th. One equities research 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 Up 0.3%

The company’s 50-day simple moving average is $3.32 and its 200 day simple moving average is $66.91.

Fitness Champs (NASDAQ:FCHL) last announced its quarterly earnings results on Saturday, May 16th. The company reported ($52.14) earnings per share for the quarter. The business had revenue of $0.76 million during the quarter.

Institutional Trading of Fitness Champs

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

About Fitness Champs

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.