Town Sports International Holdings, Inc. (NASDAQ:CLUB) has been downgraded to Hold in a statement by Zacks Investment Research today.
- Updated: October 3, 2016
Zacks Investment Research has downgraded Town Sports International Holdings, Inc. (NASDAQ:CLUB) to Hold in a report released on 10/03/2016.
Previously on 5/5/2016, Imperial Capital reported about Town Sports International Holdings, Inc. (NASDAQ:CLUB) raised the target price from $3.00 to $5.00. At the time, this indicated a possible upside of 0.48%.
Yesterday Town Sports International Holdings, Inc. (NASDAQ:CLUB) traded -1.94% lower at $3.03. The company’s 50-day moving average is $2.98 and its 200-day moving average is $2.94. The last stock close price is up 2.93% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 38,048 shares of the stock were exchanged, up from an average trading volume of 31,298
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Town Sports International Holdings, Inc. has a 52 week low of $0.92 and a 52 week high of $3.97 with a price-earnings ratio of 0.99 CLUB’s total market value is presently $0.
A total of 2 analysts have released a research note on Town Sports International Holdings, Inc.. zero analysts rating the company a strong buy, one analyst rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $4.50.
More About Town Sports International Holdings, Inc. (NASDAQ:CLUB)
Town Sports International Holdings, Inc. (Town Sports) is an owner and operator of fitness clubs in the Northeast and Mid-Atlantic regions of the United States. The Company, through its subsidiaries, operates over 150 fitness clubs (clubs) and approximately three BFX Studio (studio) locations. The Company's operating segments include New York Sports Clubs (NYSC), Boston Sports Clubs (BSC), Philadelphia Sports Clubs (PSC), Washington Sports Clubs (WSC), Swiss Sports Clubs and BFX Studio. It owns and operates over 105 clubs under the NYSC brand name within New York City, including in approximately 40 locations in Manhattan. It owns and operates approximately 30 clubs in the Boston region under BSC brand name, over 10 fitness clubs in the Washington, District of Columbia region under WSC brand name, and approximately five clubs in the Philadelphia region under PSC brand name. In addition, it owns and operates approximately three fitness clubs in Switzerland.
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