Fitness Champs Stock Scheduled to Reverse Split on Monday, March 23rd (NASDAQ:FCHL)

Fitness Champs Holdings Ltd (NASDAQ:FCHL) shares are going to reverse split before the market opens on Monday, March 23rd. The 1-15 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, March 22nd.

Fitness Champs Stock Performance

Shares of Fitness Champs stock traded down $0.02 on Thursday, reaching $0.17. 432,235 shares of the company’s stock were exchanged, compared to its average volume of 269,511. Fitness Champs has a 52 week low of $0.16 and a 52 week high of $7.64. The business has a 50-day moving average price of $0.23.

Fitness Champs (NASDAQ:FCHL) last released its quarterly earnings data on Monday, December 29th. The company reported $0.00 earnings per share for the quarter. The company had revenue of $0.85 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e-)” rating on shares of Fitness Champs in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Fitness Champs currently has an average rating of “Sell”.

Institutional Trading of Fitness Champs

An institutional investor recently bought a new position in Fitness Champs stock. Scientech Research LLC acquired a new position in Fitness Champs Holdings Ltd (NASDAQ:FCHL) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 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.