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As of close of business last night, Flywire Corp’s stock clocked out at $17.30, down -3.89% from its previous closing price of $18.00. In other words, the price has decreased by -$3.89 from its previous closing price. On the day, 1.04 million shares were traded. FLYW stock price reached its highest trading level at $18.28 during the session, while it also had its lowest trading level at $17.29.
Ratios:
To gain a deeper understanding of FLYW’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.58. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 09 ’24 when Peter Butterfield bought 5,921 shares for $18.69 per share.
Santos Edwin J bought 10,448 shares of FLYW for $194,140 on Aug 08 ’24. On Aug 08 ’24, another insider, Santos Edwin J, who serves as the Director of the company, sold 10,448 shares for $18.58 each. As a result, the insider received 194,140 and left with 10,466 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 2167049728 and an Enterprise Value of 1597556480. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.87 while its Price-to-Book (P/B) ratio in mrq is 2.70. Its current Enterprise Value per Revenue stands at 3.617 whereas that against EBITDA is -214.006.
Stock Price History:
Over the past 52 weeks, FLYW has reached a high of $35.01, while it has fallen to a 52-week low of $15.19. The 50-Day Moving Average of the stock is 0.61%, while the 200-Day Moving Average is calculated to be -18.47%.
Shares Statistics:
It appears that FLYW traded 1.36M shares on average per day over the past three months and 1831470 shares per day over the past ten days. A total of 120.70M shares are outstanding, with a floating share count of 117.21M. Insiders hold about 5.63% of the company’s shares, while institutions hold 97.83% stake in the company. Shares short for FLYW as of 1721001600 were 5906118 with a Short Ratio of 4.58, compared to 1718323200 on 5990032. Therefore, it implies a Short% of Shares Outstanding of 5906118 and a Short% of Float of 4.93.
