In a recent transaction, the Director of FitLife Brands, Inc. acquired 2,800 shares of the company’s stock on Monday, March 31st. The shares were bought at an average cost of $12.17 per share, resulting in a total value of $34,076.00. Following this acquisition, the director now owns approximately 2,800 shares of the company’s stock, valued at $34,076.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. This information provides a glimpse into the company’s recent activities and highlights the growing interest in its stock.
Fitness and Nutrition Company FitLife Brands, Inc. Sees Increased Stock Ownership by Director
As a major player in the fitness and nutrition industry, FitLife Brands, Inc. has been making headlines recently. The company’s stock performance has been a topic of interest among investors and analysts alike.
- Market capitalization: $95.88 million
- Price-to-earnings ratio: 12.31
- Debt-to-equity ratio: 0.28
- Current ratio: 1.50
- Quick ratio: 0.64
FitLife Brands, Inc. has a 12-month low of $10.40 and a 12-month high of $17.75. The company’s fifty day moving average price is $14.36 and its 200 day moving average price is $15.54.
FitLife Brands Stock Performance
| Financial Metric | Value |
|---|---|
| Market Capitalization | $95.88 million |
| Price-to-Earnings Ratio | 12.31 |
| Debt-to-Equity Ratio | 0.28 |
| Current Ratio | 1.50 |
| Quick Ratio | 0.64 |
FitLife Brands, Inc. has also recently reported its quarterly earnings results, which showed a net margin of 13.38% and a return on equity of 28.03%. Analysts have forecasted that the company will post 0.94 EPS for the current fiscal year.
Institutional Trading of FitLife Brands
Several hedge funds and other institutional investors have been buying and selling shares of FitLife Brands in recent months. In the fourth quarter, Mink Brook Asset Management LLC acquired a new position in shares of FitLife Brands worth approximately $1,251,000. Northern Trust Corp bought a new position in FitLife Brands during the fourth quarter worth $409,000.
- Mink Brook Asset Management LLC – $1,251,000
- Northern Trust Corp – $409,000
- 683 Capital Management LLC – $384,000
- Bard Associates Inc. – $211,000
- Barclays PLC – $91,000
2.32% of the stock is owned by institutional investors, indicating a growing interest in the company’s shares.
Analyst Ratings Changes
Lake Street Capital recently initiated coverage on shares of FitLife Brands, issuing a “buy” rating and a $21.00 price objective for the company.
“We believe FitLife Brands has the potential to be a leader in the fitness and nutrition industry, with a strong focus on natural, vegan, and organic ingredients.”
About FitLife Brands
FitLife Brands, Inc. provides nutritional supplements for health-conscious consumers in the United States and internationally. The company offers a range of products, including weight loss, sports nutrition, and general health supplements.
With its emphasis on natural, vegan, and organic ingredients, FitLife Brands is well-positioned to capitalize on the growing demand for healthy and sustainable products.
The company’s products are designed to support overall health and wellness, making it an attractive option for consumers looking for high-quality nutritional supplements.
In addition to its products, FitLife Brands also offers value-oriented sports nutrition and weight loss products, which cater to a wider range of consumers.
Overall, FitLife Brands, Inc. is a major player in the fitness and nutrition industry, with a strong focus on natural, vegan, and organic ingredients.
By investing in FitLife Brands, investors can tap into the growing demand for healthy and sustainable products, as well as the company’s potential for growth and expansion.
Conclusion
In conclusion, FitLife Brands, Inc. has been making headlines recently due to its increased stock ownership by director. The company’s stock performance has been a topic of interest among investors and analysts alike, with several hedge funds and institutional investors buying and selling shares in recent months. With its strong focus on natural, vegan, and organic ingredients, FitLife Brands is well-positioned to capitalize on the growing demand for healthy and sustainable products.
Key Takeaways:
- FitLife Brands, Inc.