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FitLife Brands (NASDAQ:FTLF) Shares Down 2.6% - What's Next?


FitLife Brands (NASDAQ:FTLF)  Shares Down 2.6%   - What's Next?

FitLife Brands, Inc. (NASDAQ:FTLF - Get Free Report) shares traded down 2.6% during mid-day trading on Thursday . The stock traded as low as $14.61 and last traded at $14.68. 4,897 shares traded hands during trading, a decline of 71% from the average session volume of 16,867 shares. The stock had previously closed at $15.07.

The company has a market cap of $135.20 million, a P/E ratio of 17.37 and a beta of 0.95. The stock has a 50-day moving average of $15.48 and a 200 day moving average of $16.01. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.50 and a quick ratio of 0.64.

A number of hedge funds have recently added to or reduced their stakes in FTLF. Barclays PLC acquired a new stake in shares of FitLife Brands in the 3rd quarter valued at $91,000. Bard Associates Inc. bought a new stake in shares of FitLife Brands during the 4th quarter worth $211,000. 683 Capital Management LLC bought a new position in FitLife Brands in the 4th quarter valued at approximately $384,000. Northern Trust Corp acquired a new stake in FitLife Brands in the fourth quarter valued at approximately $409,000. Finally, Geode Capital Management LLC grew its stake in shares of FitLife Brands by 5.4% during the third quarter. Geode Capital Management LLC now owns 22,157 shares of the company's stock worth $726,000 after buying an additional 1,144 shares during the last quarter. 2.32% of the stock is owned by institutional investors.

FitLife Brands, Inc provides nutritional supplements for health-conscious consumers in the United States and internationally. The company provides weight loss, sports nutrition, and general health products; sports nutrition products; weight loss and sports nutrition products; sports nutrition and general wellness formulations with an emphasis on natural, vegan, and organic ingredients; and male health and weight loss products, as well as other diet, health, and sports nutrition supplements and related products; and value-oriented sports nutrition and weight loss products.

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