How have FTEL shares performed in 2023?

Fitell's stock was trading at $5.05 on January 1st, 2023. Since then, FTEL stock has decreased by 69.7% and is now trading at $1.53. View the best growth stocks for 2023 here .

(FTEL) raised $16 million in an initial public offering (IPO) on Tuesday, August 8th 2023. The company issued 3,000,000 shares at a price of $5.00-$6.00 per share. Revere Securities and R.F. Lafferty & Co. acted as the underwriters for the IPO.

When does Fitell's lock-up period expire?

Fitell's lock-up period expires on Monday, February 5th. Fitell had issued 3,000,000 shares in its public offering on August 8th. The total size of the offering was $15,000,000 based on an initial share price of $5.00. After the expiration of Fitell's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

How do I buy shares of Fitell?

Shares of FTEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:FTEL

Fitell (FTEL) Stock Price, News & Analysis

$1.53

+0.06 (+4.08%)

(As of 12/29/2023 ET)

Compare

Today's Range: $1.50
▼
$1.56
50-Day Range: $1.10
▼
$3.25
52-Week Range: $0.93
▼
$5.26

Volume: 3,126 shs
Average Volume: 16,399 shs
Market Capitalization: $17.01 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Stock Analysis Chart Competitors Financials SEC Filings Social Media

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. It is also involved in the boutique fitness clubs licensing business. The company sells its products through its online website and offline business, such as phone, e-mail, and showroom sales. Fitell Corporation was founded in 2007 and is headquartered in Taren Point, Australia. Fitell Corporation is a subsidiary of SKMA Capital and Investment Ltd.

FTEL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FTEL Stock News Headlines

August 14, 2023 | finance.yahoo.com

Fitell Corporation Announces Pricing of $15 Million Initial Public Offering

August 14, 2023 | finance.yahoo.com

Fitell Corporation Announces Closing of $15 Million Initial Public Offering

See More Headlines

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Company Calendar

Today: 12/31/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Sporting & athletic goods, not elsewhere classified
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NASDAQ:FTEL
CUSIP: N/A
CIK: 1928581
Web: www.fitellcorp.com
Phone: 61-2-9524-5266
Fax: N/A
Employees: 11
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.18
Quick Ratio: 2.93

Sales & Book Value

Annual Sales: $4.80 million
Price / Sales: 3.54
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 11,120,000
Free Float: N/A
Market Cap: $17.01 million
Optionable: Not Optionable
Beta: N/A

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Key Executives

Ms. Yinying Lu (Age 42)
CEO & Director
Comp: $102.73k
Mr. Jamarson Kong (Age 43)
Chief Financial Officer
Comp: $100.62k

Key Competitors

View All Competitors

FTEL Stock Analysis - Frequently Asked Questions

How have FTEL shares performed in 2023?: Fitell's stock was trading at $5.05 on January 1st, 2023. Since then, FTEL stock has decreased by 69.7% and is now trading at $1.53.
View the best growth stocks for 2023 here.
When did Fitell IPO?: (FTEL) raised $16 million in an initial public offering (IPO) on Tuesday, August 8th 2023. The company issued 3,000,000 shares at a price of $5.00-$6.00 per share. Revere Securities and R.F. Lafferty & Co. acted as the underwriters for the IPO.
When does Fitell's lock-up period expire?: Fitell's lock-up period expires on Monday, February 5th. Fitell had issued 3,000,000 shares in its public offering on August 8th. The total size of the offering was $15,000,000 based on an initial share price of $5.00. After the expiration of Fitell's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
How do I buy shares of Fitell?: Shares of FTEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FTEL) was last updated on 12/31/2023 by MarketBeat.com Staff

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