Fitell Corp (NASDAQ: FTEL) Gain Of 90.2% Compared To 52-Week Low; YTD Rise 14.42% – What Should You Do Now?

Fitell Corp (NASDAQ:FTEL)’s traded shares stood at 0.51 million during the last session, with the company’s beta value hitting 8.03. At the close of trading, the stock’s price was $10.00, to imply an increase of 4.60% or $0.44 in intraday trading. The FTEL share’s 52-week high remains $49.50, putting it -395.0% down since that peak but still an impressive 90.2% since price per share fell to its 52-week low of $0.98. The company has a valuation of $201.20M, with an average of 0.24 million shares in intraday trading volume over the past 10 days and average of 249.14K shares over the past 3 months.

Fitell Corp (NASDAQ:FTEL) trade information

After registering a 4.60% upside in the last session, Fitell Corp (FTEL) has traded red over the past five days. The 5-day price performance for the stock is -3.29%, and -66.56% over 30 days. With these gigs, the year-to-date price performance is 14.42%. Short interest in Fitell Corp (NASDAQ:FTEL) saw shorts transact 1.16 million shares and set a 10.17 days time to cover.

FTEL Dividends

Fitell Corp has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Going by data provided on Nov 30, 2024 , Fidelity NASDAQ Composite Index Fund holds roughly 12.39 shares. This is just over 0.06% of the total shares, with a market valuation of $0.12 million