Fitell Co. (NASDAQ:FTEL – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $23.85, but opened at $22.69. Fitell shares last traded at $25.22, with a volume of 93,302 shares.
Fitell Stock Performance
The firm’s 50 day moving average is $23.16 and its 200-day moving average is $20.59.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Fitell stock. XTX Topco Ltd purchased a new position in Fitell Co. (NASDAQ:FTEL – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 9,028 shares of the company’s stock, valued at approximately $274,000. XTX Topco Ltd owned 0.08% of Fitell as of its most recent SEC filing. 0.10% of the stock is owned by hedge funds and other institutional investors.
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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