Fast Track Group (NASDAQ:FTRK – Get Free Report) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 7,433 shares, a decline of 49.4% from the June 15th total of 14,700 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 17,330 shares, the days-to-cover ratio is currently 0.4 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Fast Track Group stock. Citadel Advisors LLC acquired a new stake in Fast Track Group (NASDAQ:FTRK – Free Report) in the third quarter, according to its most recent filing with the SEC. The fund acquired 92,086 shares of the company’s stock, valued at approximately $51,000. Citadel Advisors LLC owned approximately 0.42% of Fast Track Group at the end of the most recent quarter.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Fast Track Group in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.
Fast Track Group Stock Up 0.7%
Shares of FTRK traded up $0.00 during trading hours on Wednesday, reaching $0.43. 615,620 shares of the stock traded hands, compared to its average volume of 1,496,489. Fast Track Group has a 52 week low of $0.29 and a 52 week high of $1.04. The stock has a fifty day simple moving average of $0.45 and a 200 day simple moving average of $0.53.
Fast Track Group (NASDAQ:FTRK – Get Free Report) last released its earnings results on Tuesday, June 30th. The company reported ($0.08) earnings per share (EPS) for the quarter. The firm had revenue of $0.38 million during the quarter.
Fast Track Group Company Profile
Fast Track Events Pte. Ltd. was incorporated as an exempt private company limited by shares in Singapore on March 8, 2012 as an operating company of our businesses. We are a regional entertainment-focused event management and marketing company that provides a full range of services including experiential marketing, artiste endorsement and management, movie premiere organizations, grand openings and concerts. In addition to our expertise in event and concert management, we offer comprehensive value-added services tailored to meet specific client demands.
Recommended Stories
- Five stocks we like better than Fast Track Group
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Receive News & Ratings for Fast Track Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fast Track Group and related companies with MarketBeat.com's FREE daily email newsletter.
