The simple moving average for the last 20 days is 23.10% for FTRK’s stock, with a simple moving average of 25.28% for the last 200 days.
Is It Worth Investing in Fast Track Group (NASDAQ: FTRK) Right Now?
The public float for FTRK is 7.91M, and currently, shorts hold a 1.56% of that float. The average trading volume for FTRK on June 24, 2025 was 1.89M shares.
FTRK) stock’s latest price update
Fast Track Group (NASDAQ: FTRK)’s stock price has soared by 1957534 in relation to previous closing price of 6.31. Nevertheless, the company has seen a gain of 9.19% in its stock price over the last five trading days. globenewswire.com reported 2025-05-27 that SINGAPORE, May 27, 2025 (GLOBE NEWSWIRE) — FAST TRACK GROUP (NASDAQ: FTRK) (“Fast Track” or the “Company”), a leading entertainment-focused event management and celebrity agency company, today announced the closing of its initial public offering of 3,750,000 ordinary shares (the “Ordinary Shares”) at a public offering price of $4.00 per share, for aggregate gross proceeds of approximately $15 million, prior to deducting underwriting discounts and other offering expenses. The Company’s Ordinary Shares began trading on the Nasdaq Capital Market on May 23, 2025, under the symbol “FTRK”.
FTRK Trading at 25.28% from the 50-Day Moving Average
After a stumble in the market that brought FTRK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.42% of loss for the given period.
Stock Fundamentals for FTRK
Current profitability levels for the company are sitting at:
- -15.83 for the present operating margin
- 0.02 for the gross margin
The net margin for Fast Track Group stands at -16.18. The total capital return value is set at 0.5. Equity return is now at value 98.80, with -125.40 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 7110.99. The receivables turnover for the company is 0.18for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.50.
Conclusion
In conclusion, Fast Track Group (FTRK) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
