Fitness Champs (NASDAQ:FCHL) Lowered to “Sell” Rating by Wall Street Zen

Wall Street Zen downgraded shares of Fitness Champs (NASDAQ:FCHL) from a hold rating to a sell rating in a research note released on Sunday morning.

Fitness Champs Price Performance

FCHL opened at $1.76 on Friday. Fitness Champs has a 12-month low of $1.27 and a 12-month high of $3,438.00. The business’s fifty day simple moving average is $47.19 and its 200-day simple moving average is $102.40.

Fitness Champs (NASDAQ:FCHL) last posted its quarterly earnings results on Friday, May 15th. The company reported ($52.14) earnings per share (EPS) for the quarter. The firm had revenue of $0.76 million during the quarter.

Hedge Funds Weigh In On Fitness Champs

A hedge fund recently bought a new stake in Fitness Champs stock. Scientech Research LLC purchased a new position in shares of Fitness Champs Holdings Ltd (NASDAQ:FCHL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 45,312 shares of the company’s stock, valued at approximately $25,000.

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.