Fitell (NASDAQ:GMEX) Stock Rating Lowered by Wall Street Zen

Fitell (NASDAQ:GMEXGet Free Report) was downgraded by equities researchers at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research report issued on Saturday.

Separately, Weiss Ratings initiated coverage on shares of Fitell in a research report on Monday, April 27th. They set a “sell (d-)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

View Our Latest Stock Report on GMEX

Fitell Price Performance

Shares of Fitell stock opened at $1.47 on Friday. The company has a debt-to-equity ratio of 3.78, a quick ratio of 3.98 and a current ratio of 4.88. Fitell has a twelve month low of $1.32 and a twelve month high of $7,958.21. The company has a 50-day moving average of $7.18.

Fitell (NASDAQ:GMEXGet Free Report) last released its earnings results on Friday, April 17th. The company reported ($535.18) earnings per share (EPS) for the quarter. The firm had revenue of $1.37 million for the quarter.

Fitell Company Profile

(Get Free Report)

Founded in 2007 and headquartered in New South Wales, Australia, GD Wellness Pty Ltd (“GD”) is a wholly owned subsidiary of Fitell Corporation, a Cayman Islands company (together with its subsidiaries, “Fitell,”). We are an online retailer of gym and fitness equipment both under our proprietary brands and other brand names. Fitell’s mission is to build an ecosystem with a whole fitness and wellness experience powered by technology to our customers. GD has served over 100,000 customers with large portions of sales from repeat customers over the years, which we believe to be a testament of our product quality and brand loyalty.

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