FitLife Brands (NASDAQ:FTLF) Posts Earnings Results

FitLife Brands (NASDAQ:FTLF) issued its quarterly earnings results on Thursday. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01), RTT News reports. FitLife Brands had a return on equity of 28.03% and a net margin of 13.38%.

FitLife Brands Stock Down 6.3 %

Shares of FTLF traded down $0.88 during midday trading on Thursday, reaching $13.04. 15,888 shares of the stock were exchanged, compared to its average volume of 17,076. The company has a market cap of $120.10 million, a price-to-earnings ratio of 15.43 and a beta of 0.95. The company has a quick ratio of 0.64, a current ratio of 1.50 and a debt-to-equity ratio of 0.28. FitLife Brands has a 12-month low of $11.51 and a 12-month high of $17.75. The firm has a 50 day simple moving average of $14.94 and a 200-day simple moving average of $15.76.

Wall Street Analysts Forecast Growth

Separately, Lake Street Capital began coverage on FitLife Brands in a research report on Monday, March 17th. They set a “buy” rating and a $21.00 price target on the stock.

About FitLife Brands

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.