Fitness Champs (NASDAQ:FCHL) Issues Earnings Results

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

Fitness Champs Stock Performance

Shares of FCHL traded down $0.92 during mid-day trading on Friday, hitting $1.76. 870,960 shares of the company traded hands, compared to its average volume of 1,069,655. Fitness Champs has a 1-year low of $1.27 and a 1-year high of $3,438.00. The business has a 50 day moving average of $47.19 and a 200 day moving average of $103.06.

Institutional Investors Weigh In On Fitness Champs

A hedge fund recently bought a new stake in Fitness Champs stock. Scientech Research LLC acquired a new stake in shares of Fitness Champs Holdings Ltd (NASDAQ:FCHL) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 45,312 shares of the company’s stock, valued at approximately $25,000.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Fitness Champs to a “hold” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, 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.