Global Interactive Technologies (NASDAQ:GITS) Issues Earnings Results

Global Interactive Technologies (NASDAQ:GITS) issued its quarterly earnings data on Wednesday. The company reported ($0.25) EPS for the quarter, Zacks reports. The business had revenue of $0.00 million for the quarter.

Global Interactive Technologies Stock Performance

NASDAQ GITS opened at $2.15 on Friday. The stock has a 50-day simple moving average of $2.05 and a 200 day simple moving average of $2.06. The stock has a market capitalization of $7.89 million, a PE ratio of -1.49 and a beta of -0.64. Global Interactive Technologies has a twelve month low of $0.66 and a twelve month high of $7.09.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Global Interactive Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, August 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Institutional Investors Weigh In On Global Interactive Technologies

A hedge fund recently bought a new position in Global Interactive Technologies stock. Citadel Advisors LLC purchased a new stake in Global Interactive Technologies, Inc. (NASDAQ:GITS) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 17,900 shares of the company’s stock, valued at approximately $41,000. Citadel Advisors LLC owned about 0.49% of Global Interactive Technologies as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 0.22% of the company’s stock.

Global Interactive Technologies Company Profile

Global Interactive Technologies, Inc engages in the provision of a global multi-media platform for users to interact with other like-minded users to share appreciation of various types of entertainment and cultures such as K-POP and modern Korean culture. It operates through the FANTOO platform. The company was founded on October 20, 2021 and is headquartered in Seoul, South Korea.