Fitell (NASDAQ:GMEX) Upgraded by Wall Street Zen to Sell Rating

Wall Street Zen upgraded shares of Fitell (NASDAQ:GMEX) to a sell rating in a report issued on Saturday.

Separately, Weiss Ratings initiated coverage on Fitell in a research note on Monday, April 27th. They set a “sell (d-)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Fitell Stock Performance

Shares of NASDAQ GMEX opened at $1.80 on Friday. The company has a debt-to-equity ratio of 3.78, a current ratio of 4.88 and a quick ratio of 3.98. Fitell has a 1 year low of $1.44 and a 1 year high of $1,075.20.

Fitell (NASDAQ:GMEX) last announced its quarterly earnings data on Friday, April 17th. The company reported ($59.46) EPS for the quarter. The firm had revenue of $1.37 million during the quarter.

Fitell Company Profile

Founded in 2007 and headquartered in New South Wales, Australia, GD Wellness Pty Ltd (“GD”) is a wholly owned subsidiary of Fitell Corporation, a Cayman Islands company (together with its subsidiaries, “Fitell,”). We are an online retailer of gym and fitness equipment both under our proprietary brands and other brand names. Fitell’s mission is to build an ecosystem with a whole fitness and wellness experience powered by technology to our customers. GD has served over 100,000 customers with large portions of sales from repeat customers over the years, which we believe to be a testament of our product quality and brand loyalty.