Shares of Fitell Co. (NASDAQ:FTEL – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $25.99, but opened at $26.88. Fitell shares last traded at $26.90, with a volume of 22,161 shares.
Fitell Trading Up 3.9 %
The business has a fifty day moving average price of $23.74 and a 200-day moving average price of $20.77.
Hedge Funds Weigh In On Fitell
An institutional investor recently bought a new position in Fitell stock. XTX Topco Ltd acquired a new stake in shares of Fitell Co. (NASDAQ:FTEL – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,028 shares of the company’s stock, valued at approximately $274,000. XTX Topco Ltd owned about 0.08% of Fitell as of its most recent SEC filing. Institutional investors own 0.10% of the company’s stock.
Fitell Company Profile
Fitell Corporation, together with its subsidiaries, operates as an online retailer of gym and fitness equipment for personal training studios and commercial gyms chains in Australia and Southeast Asia. The company sells fitness equipment, including home gym and commercial strength-training equipment; and cardio equipment, such as rowing machines, exercise bikes, treadmills, and other related products under the Muscle Motion, Rapid Motion, and FleetX brand names.
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