Global Interactive Technologies (NASDAQ:GITS) Announces Earnings Results

Global Interactive Technologies (NASDAQ:GITS) posted its earnings results on Monday. The company reported ($0.14) earnings per share for the quarter, Zacks reports.

Global Interactive Technologies Price Performance

NASDAQ:GITS opened at $2.18 on Wednesday. Global Interactive Technologies has a 1-year low of $0.66 and a 1-year high of $7.09. The firm has a market cap of $8.00 million, a price-to-earnings ratio of -1.55 and a beta of -0.67. The firm’s fifty day moving average price is $1.74 and its 200 day moving average price is $1.89.

Institutional Investors Weigh In On Global Interactive Technologies

A hedge fund recently bought a new position in Global Interactive Technologies stock. Citadel Advisors LLC purchased a new position in shares of Global Interactive Technologies, Inc. (NASDAQ:GITS) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 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 owned by institutional investors and hedge funds.

About Global Interactive Technologies

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.