Fitell Co. (NASDAQ:FTEL – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $23.85, but opened at $22.69. Fitell shares last traded at $25.22, with a volume of 93,302 shares.
Fitell Price Performance
The stock’s fifty day moving average price is $23.16 and its two-hundred day moving average price is $20.59.
Institutional Trading of Fitell
An institutional investor recently bought a new position in Fitell stock. XTX Topco Ltd purchased a new stake in Fitell Co. (NASDAQ:FTEL – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 9,028 shares of the company’s stock, valued at approximately $274,000. XTX Topco Ltd owned 0.08% of Fitell as of its most recent SEC filing. Hedge funds and other institutional investors own 0.10% of the company’s stock.
About Fitell
Fitell Corporation, together with its subsidiaries, operates as an online retailer of gym and fitness equipment for personal training studios and commercial gyms chains in Australia and Southeast Asia. The company sells fitness equipment, including home gym and commercial strength-training equipment; and cardio equipment, such as rowing machines, exercise bikes, treadmills, and other related products under the Muscle Motion, Rapid Motion, and FleetX brand names.
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