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Fitell Corporation Granted 180-Day Extension by Nasdaq

Story Highlights
  • Fitell Corporation received a 180-day extension from Nasdaq to meet bid price requirements.
  • A strategic share consolidation was implemented to stabilize stock and maintain Nasdaq listing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fitell Corporation Granted 180-Day Extension by Nasdaq

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Fitell Corporation ( (FTEL) ) just unveiled an announcement.

On October 3, 2025, Fitell Corporation announced it received an additional 180-day period from Nasdaq to regain compliance with the minimum bid price requirement, extending the deadline to March 30, 2026. This extension follows a strategic 1-for-16 share consolidation effective September 23, 2025, aimed at stabilizing the stock price and maintaining its Nasdaq listing, which is crucial for the company’s operations and investor appeal.

Spark’s Take on FTEL Stock

According to Spark, TipRanks’ AI Analyst, FTEL is a Neutral.

Fitell Corporation’s stock is currently rated low due to significant financial performance challenges, including declining revenues and profitability, negative returns, and cash flow issues. Technical analysis indicates a strong bearish trend with oversold conditions, while valuation metrics show a negative P/E ratio, suggesting poor earnings potential. These factors contribute to an overall unfavorable investment outlook.

To see Spark’s full report on FTEL stock, click here.

More about Fitell Corporation

Fitell Corporation, through its wholly owned subsidiary GD Wellness Pty Ltd, is an online retailer of gym and fitness equipment in Australia. The company offers products under its proprietary brands, including Muscle Motion, Rapid Motion, and FleetX, and aims to create a comprehensive fitness and wellness ecosystem powered by technology.

Average Trading Volume: 97,138

Technical Sentiment Signal: Sell

See more data about FTEL stock on TipRanks’ Stock Analysis page.

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