Fitell Corporation (FTEL) to Issue Dividend of $0.10 on January 13th

Fitell Corporation (NASDAQ:FTEL) declared a dividend on Tuesday, December 2nd. Stockholders of record on Tuesday, December 30th will be paid a dividend of 0.10 per share on Tuesday, January 13th. The ex-dividend date of this dividend is Monday, December 29th.

Fitell Trading Up 7.3%

Shares of NASDAQ:FTEL opened at $0.73 on Friday. The company has a 50 day moving average of $1.48 and a 200-day moving average of $5.80. Fitell has a one year low of $0.61 and a one year high of $187.68.

Fitell (NASDAQ:FTEL) last announced its quarterly earnings data on Friday, November 14th. The company reported $41,943.04 earnings per share (EPS) for the quarter. The business had revenue of $1.28 million during the quarter.

Analyst Ratings Changes

FTEL has been the subject of a number of analyst reports. Wall Street Zen raised Fitell from a “sell” rating to a “hold” rating in a research note on Sunday, November 23rd. Weiss Ratings restated a “sell (d-)” rating on shares of Fitell in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Fitell currently has an average rating of “Sell”.

Fitell Company Profile

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.