FitLife Brands (OTCMKTS:FTLF) Stock Passes Below Two Hundred Day Moving Average of $6.70

FitLife Brands Inc (OTCMKTS:FTLF) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.70 and traded as low as $9.30. FitLife Brands shares last traded at $9.50, with a volume of 1,074 shares traded.

Separately, ValuEngine downgraded shares of FitLife Brands from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st.

The stock’s 50 day simple moving average is $9.89 and its 200-day simple moving average is $6.75. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.81 and a quick ratio of 1.10. The stock has a market capitalization of $9.60 million, a price-to-earnings ratio of 6.57 and a beta of -0.42.

In other FitLife Brands news, insider Judd Dayton bought 40,508 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were bought at an average cost of $9.75 per share, for a total transaction of $394,953.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In the last ninety days, insiders bought 93,508 shares of company stock worth $845,683. 47.60% of the stock is owned by insiders.

FitLife Brands Company Profile (OTCMKTS:FTLF)

FitLife Brands, Inc provides nutritional supplements for health conscious consumers primarily in the United States. The company offers weight loss, general health, and sports nutrition supplements; precision sports nutrition formulations for professional muscular development; sports nutrition performance enhancing supplements for fitness enthusiasts; and men's health and weight loss formulations, as well as other diet, health, and sports nutrition supplements and related products that support accelerated fitness and nutrition goals directly to athletic facilities, gyms, and independent retailers; and sports nutritionals, energy and sports drink products, and meal replacements.

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