Fitness Champs (NASDAQ:FCHL) Announces Quarterly Earnings Results

Fitness Champs (NASDAQ:FCHL) posted its earnings results on Friday. The company reported ($52.14) EPS for the quarter, FiscalAI reports. The business had revenue of $0.76 million during the quarter.

Fitness Champs Trading Down 34.3%

FCHL stock traded down $0.92 during mid-day trading on Friday, reaching $1.76. The company’s stock had a trading volume of 870,960 shares, compared to its average volume of 1,069,655. The business’s 50 day moving average price is $47.19 and its 200 day moving average price is $103.06. Fitness Champs has a 12 month low of $1.27 and a 12 month high of $3,438.00.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Fitness Champs to a “hold” rating in a research report on Saturday, May 9th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Fitness Champs currently has an average rating of “Sell”.

Institutional Investors Weigh In On Fitness Champs

A hedge fund recently bought a new stake in Fitness Champs stock. Scientech Research LLC acquired a new stake in shares of Fitness Champs Holdings Ltd (NASDAQ:FCHL) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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.