Global Interactive Technologies (NASDAQ:GITS) Shares Down 25.7% – Here’s Why

Posted by Scott Moore on Feb 8th, 2026

Shares of Global Interactive Technologies, Inc. (NASDAQ:GITS – Get Free Report) fell 25.7% during trading on Friday . The company traded as low as $2.75 and last traded at $2.75. 184,335 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 7,721,566 shares. The stock had previously closed at $3.70.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Global Interactive Technologies in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Global Interactive Technologies currently has an average rating of “Sell”.

View Our Latest Stock Analysis on Global Interactive Technologies

Global Interactive Technologies Stock Performance

The firm has a fifty day simple moving average of $1.50 and a 200-day simple moving average of $1.88. The firm has a market cap of $10.09 million, a price-to-earnings ratio of -4.66 and a beta of -0.86.

Global Interactive Technologies (NASDAQ:GITS – Get Free Report) last issued its quarterly earnings data on Wednesday, November 12th. The company reported ($0.17) earnings per share for the quarter. The firm had revenue of $1.84 million for the quarter.

Institutional Investors Weigh In On Global Interactive Technologies

A hedge fund recently bought a new stake in Global Interactive Technologies stock. Citadel Advisors LLC bought a new position in shares of Global Interactive Technologies, Inc. (NASDAQ:GITS – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 17,900 shares of the company’s stock, valued at approximately $41,000. Citadel Advisors LLC owned 0.49% of Global Interactive Technologies at the end of the most recent quarter. 0.22% of the stock is currently owned by institutional investors and hedge funds.

About Global Interactive Technologies

(Get Free Report)

Global Interactive Technologies, Inc engages in the provision of a global multi-media platform for users to interact with other like-minded users to share appreciation of various types of entertainment and cultures such as K-POP and modern Korean culture. It operates through the FANTOO platform. The company was founded on October 20, 2021 and is headquartered in Seoul, South Korea.