Fitell (NASDAQ:GMEX – Get Free Report) posted its earnings results on Monday. The company reported ($500.53) EPS for the quarter, reports. The business had revenue of $1.44 million during the quarter.
Fitell Stock Performance
Shares of NASDAQ:GMEX traded up $0.01 during trading on Wednesday, reaching $0.59. The stock had a trading volume of 45,186 shares, compared to its average volume of 225,402. Fitell has a one year low of $0.50 and a one year high of $15,830.64. The stock has a 50-day moving average of $3.53.
Analysts Set New Price Targets
GMEX has been the subject of several research analyst reports. Wall Street Zen lowered Fitell from a “sell” rating to a “strong sell” rating in a report on Saturday, July 25th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Fitell in a report on Friday, July 24th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the stock presently has a consensus rating of “Sell”.
Read Our Latest Stock Report on GMEX
Fitell Company Profile
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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