Global Interactive Technologies (NASDAQ:GITS) Releases Quarterly Earnings Results

Global Interactive Technologies (NASDAQ:GITS) posted its quarterly earnings results on Monday. The company reported ($0.14) earnings per share (EPS) for the quarter, Zacks reports.

Global Interactive Technologies Trading Up 2.0%

NASDAQ:GITS traded up $0.03 on Monday, reaching $1.51. 104,566 shares of the stock traded hands, compared to its average volume of 1,394,097. The company has a market capitalization of $5.54 million, a price-to-earnings ratio of -1.03 and a beta of -0.68. The company’s fifty day simple moving average is $1.77 and its 200 day simple moving average is $1.89. Global Interactive Technologies has a 12 month low of $0.66 and a 12 month high of $7.09.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Global Interactive Technologies stock. Citadel Advisors LLC bought a new stake in shares of Global Interactive Technologies, Inc. (NASDAQ:GITS) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 17,900 shares of the company’s stock, valued at approximately $41,000. Citadel Advisors LLC owned about 0.49% of Global Interactive Technologies at the end of the most recent quarter. Institutional investors own 0.22% of the company’s stock.

About Global Interactive Technologies

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.