Fitell (NASDAQ:GMEX – Get Free Report) posted its quarterly earnings results on Monday. The company reported ($500.53) earnings per share for the quarter, reports. The firm had revenue of $1.44 million for the quarter.
Fitell Price Performance
GMEX stock opened at $0.88 on Tuesday. The company has a 50 day moving average price of $3.71. Fitell has a 12 month low of $0.75 and a 12 month high of $15,830.64.
Wall Street Analysts Forecast Growth
GMEX has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Fitell in a report on Friday, July 24th. Wall Street Zen cut Fitell from a “sell” rating to a “strong sell” rating in a research report on Saturday, July 25th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.
View Our Latest Report on GMEX
About Fitell
Fitell Corporation is an Australia-based fitness equipment retailer and distributor. Through its Gym Direct and related operations, the company offers a range of products for home, commercial and institutional fitness environments, including strength-training equipment, cardio machines, free weights, accessories and gym fit-out solutions.
The company serves individual consumers, gyms, personal trainers, sports clubs, schools and other commercial customers through online and business-to-business sales channels.
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