FAST TRACK GROUP's (NASDAQ:FTRK) Quiet Period Will End on July 2nd

FAST TRACK GROUP's (NASDAQ:FTRK - Get Free Report) quiet period is set to expire on Wednesday, July 2nd. FAST TRACK GROUP had issued 3,750,000 shares in its initial public offering on May 23rd. The total size of the offering was $15,000,000 based on an initial share price of $4.00. During the company's quiet period, underwriters and any insiders involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the expiration of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded FAST TRACK GROUP to a "hold" rating in a research report on Saturday, May 31st.

FAST TRACK GROUP Price Performance

Shares of FTRK traded down $0.43 on Friday, reaching $0.99. 2,386,340 shares of the company's stock were exchanged, compared to its average volume of 2,467,337. FAST TRACK GROUP has a 12 month low of $0.96 and a 12 month high of $9.69.

FAST TRACK GROUP Company Profile

Fast Track Events Pte. Ltd. was incorporated as an exempt private company limited by shares in Singapore on March 8, 2012 as an operating company of our businesses. We are a regional entertainment-focused event management and marketing company that provides a full range of services including experiential marketing, artiste endorsement and management, movie premiere organizations, grand openings and concerts.