Fitness Champs (NASDAQ:FCHL) Posts Earnings Results

Fitness Champs (NASDAQ:FCHL) announced its quarterly earnings results on Friday. The company reported ($52.14) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $0.76 million during the quarter.

Fitness Champs Stock Down 34.3%

FCHL stock traded down $0.92 on Friday, hitting $1.76. 870,960 shares of the company’s stock were exchanged, compared to its average volume of 1,069,655. Fitness Champs has a 12-month low of $1.27 and a 12-month high of $3,438.00. The firm has a 50 day moving average price of $47.19 and a two-hundred day moving average price of $103.06.

Institutional Trading of Fitness Champs

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

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Fitness Champs from a “hold” rating to a “sell” rating in a research note on Sunday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Fitness Champs has an average rating of “Sell”.

Fitness Champs Company Profile

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.