FitLife Brands (OTCMKTS:FTLF) Share Price Passes Above Fifty Day Moving Average of $9.69
FitLife Brands Inc (OTCMKTS:FTLF)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $9.69 and traded as high as $9.85. FitLife Brands shares last traded at $9.85, with a volume of 6,000 shares traded.
Separately, ValuEngine cut shares of FitLife Brands from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st.
The company has a market cap of $9.95 million, a PE ratio of 7.30 and a beta of -0.43. The business’s 50-day moving average is $9.69 and its 200 day moving average is $7.96. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.10 and a current ratio of 1.81.
In other FitLife Brands news, insider Judd Dayton bought 40,508 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were bought at an average price of $9.75 per share, for a total transaction of $394,953.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 47.60% of the stock is owned by company insiders.
About FitLife Brands (OTCMKTS:FTLF)
FitLife Brands, Inc provides nutritional supplements for health conscious consumers primarily in the United States. The company offers weight loss, general health, and sports nutrition supplements; precision sports nutrition formulations for professional muscular development; sports nutrition performance enhancing supplements for fitness enthusiasts; and men's health and weight loss formulations, as well as other diet, health, and sports nutrition supplements and related products that support accelerated fitness and nutrition goals directly to athletic facilities, gyms, and independent retailers; and sports nutritionals, energy and sports drink products, and meal replacements.
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