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After finishing at $16.56 in the prior trading day, Flywire Corp (NASDAQ: FLYW) closed at $16.49, down -0.42%. In other words, the price has decreased by -$0.42 from its previous closing price. On the day, 1.01 million shares were traded. FLYW stock price reached its highest trading level at $16.62 during the session, while it also had its lowest trading level at $16.31.
Ratios:
Our goal is to gain a better understanding of FLYW by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 43.82. For the most recent quarter (mrq), Quick Ratio is recorded 4.01 and its Current Ratio is at 4.01. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wedbush on May 24, 2024, initiated with a Neutral rating and assigned the stock a target price of $18.
On March 01, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also upped its target price recommendation from $27 to $30.
On February 06, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $27.Deutsche Bank initiated its Buy rating on February 06, 2024, with a $27 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 09 ’24 when Butterfield Peter sold 4,747 shares for $17.29 per share. The transaction valued at 82,092 led to the insider holds 267,435 shares of the business.
Peter Butterfield bought 4,747 shares of FLYW for $82,092 on Sep 09 ’24. On Sep 05 ’24, another insider, Butterfield Peter, who serves as the General Counsel and CCO of the company, sold 1,335 shares for $17.31 each. As a result, the insider received 23,114 and left with 272,182 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FLYW now has a Market Capitalization of 2065586816 and an Enterprise Value of 1496093312. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.68 while its Price-to-Book (P/B) ratio in mrq is 2.57. Its current Enterprise Value per Revenue stands at 3.388 whereas that against EBITDA is -200.414.
Stock Price History:
Over the past 52 weeks, FLYW has reached a high of $32.84, while it has fallen to a 52-week low of $15.19. The 50-Day Moving Average of the stock is -7.30%, while the 200-Day Moving Average is calculated to be -18.52%.
Shares Statistics:
The stock has traded on average 1.25M shares per day over the past 3-months and 1237860 shares per day over the last 10 days, according to various share statistics. A total of 120.70M shares are outstanding, with a floating share count of 118.30M. Insiders hold about 5.56% of the company’s shares, while institutions hold 95.78% stake in the company. Shares short for FLYW as of 1724976000 were 7114698 with a Short Ratio of 5.68, compared to 1722384000 on 6243660. Therefore, it implies a Short% of Shares Outstanding of 7114698 and a Short% of Float of 5.89.
