Fitness Champs (NASDAQ:FCHL) Announces Earnings Results

Fitness Champs (NASDAQ:FCHL) announced its earnings results on Thursday. The company reported ($1.42) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $0.79 million during the quarter.

Fitness Champs Stock Performance

NASDAQ FCHL traded down $0.06 during trading on Thursday, hitting $1.04. 5,211 shares of the stock traded hands, compared to its average volume of 721,550. Fitness Champs has a 12-month low of $0.86 and a 12-month high of $3,438.00. The firm has a 50-day simple moving average of $1.18 and a 200-day simple moving average of $30.58.

Institutional Trading of Fitness Champs

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

Analysts Set New Price Targets

A number of brokerages recently commented on FCHL. Wall Street Zen raised Fitness Champs from a “sell” rating to a “hold” rating in a report on Monday, May 25th. Weiss Ratings raised shares of Fitness Champs from a “sell (e)” rating to a “sell (d-)” rating in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

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.