Global Interactive Technologies (NASDAQ:GITS – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported ($0.25) EPS for the quarter, Zacks reports.
Global Interactive Technologies Stock Down 3.2%
Shares of Global Interactive Technologies stock opened at $2.11 on Thursday. Global Interactive Technologies has a 12-month low of $0.66 and a 12-month high of $7.09. The stock has a 50 day moving average price of $2.05 and a two-hundred day moving average price of $2.06. The stock has a market capitalization of $7.74 million, a P/E ratio of -1.50 and a beta of -0.64.
Analysts Set New Price Targets
Separately, Weiss Ratings raised shares of Global Interactive Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, August 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.
Institutional Trading of Global Interactive Technologies
An institutional investor recently bought a new stake in Global Interactive Technologies stock. Citadel Advisors LLC acquired a new position in shares of Global Interactive Technologies, Inc. (NASDAQ:GITS – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 17,900 shares of the company’s stock, valued at approximately $41,000. Citadel Advisors LLC owned 0.49% of Global Interactive Technologies at the end of the most recent quarter. 0.22% of the stock is currently owned by institutional investors.
Global Interactive Technologies Company Profile
Global Interactive Technologies, Inc engages in the provision of a global multi-media platform for users to interact with other like-minded users to share appreciation of various types of entertainment and cultures such as K-POP and modern Korean culture. It operates through the FANTOO platform. The company was founded on October 20, 2021 and is headquartered in Seoul, South Korea.
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