Fast Track Group’s Lock-Up Period Set To Expire Tomorrow (NASDAQ:FTRK)

Fast Track Group’s (NASDAQ:FTRK) lock-up period is set to expire on Wednesday, November 19th. Fast Track Group had issued 3,750,000 shares in its initial public offering on May 23rd. The total size of the offering was $15,000,000 based on an initial share price of $4.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Fast Track Group in a research report on Thursday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Fast Track Group Price Performance

NASDAQ:FTRK opened at $0.46 on Tuesday. Fast Track Group has a 52 week low of $0.39 and a 52 week high of $9.69. The company’s 50 day moving average price is $0.53.

Institutional Trading of Fast Track Group

An institutional investor recently bought a new position in Fast Track Group stock. Citadel Advisors LLC bought a new position in Fast Track Group (NASDAQ:FTRK) in the third quarter, according to its most recent filing with the SEC. The firm bought 92,086 shares of the company’s stock, valued at approximately $51,000. Citadel Advisors LLC owned approximately 0.42% of Fast Track Group as of its most recent SEC filing.

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.