Fitness Champs (NASDAQ:FCHL) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Fitness Champs (NASDAQ:FCHL) to a hold rating in a research report report published on Saturday.

Fitness Champs Trading Down 24.5%

Shares of FCHL stock opened at $1.73 on Friday. Fitness Champs has a 1 year low of $1.67 and a 1 year high of $3,438.00. The firm’s 50 day moving average is $58.60 and its 200-day moving average is $111.04.

Institutional Investors Weigh In On Fitness Champs

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

Fitness Champs Company Profile

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.