Fly-E Group Inc (FLYE)’s Day in Review: Closing at 5.3, Up by 1.15

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After finishing at $5.24 in the prior trading day, Fly-E Group Inc (NASDAQ: FLYE) closed at $5.3, up 1.15%. In other words, the price has increased by $1.15 from its previous closing price. On the day, 0.51 million shares were traded. FLYE stock price reached its highest trading level at $5.47 during the session, while it also had its lowest trading level at $5.25.

Ratios:

Our goal is to gain a better understanding of FLYE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 1.90 whereas as Long-Term Debt/Eq ratio is at 1.11.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FLYE now has a Market Capitalization of 95913576 and an Enterprise Value of 114154944. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.77 while its Price-to-Book (P/B) ratio in mrq is 2.59. Its current Enterprise Value per Revenue stands at 4.489 whereas that against EBITDA is -29.546.

Stock Price History:

The Beta on a monthly basis for FLYE is -1.39, which has changed by 0.019230723 over the last 52 weeks, in comparison to a change of 0.16564083 over the same period for the S&P500. Over the past 52 weeks, FLYE has reached a high of $8.30, while it has fallen to a 52-week low of $1.65. The 50-Day Moving Average of the stock is 39.48%, while the 200-Day Moving Average is calculated to be 83.66%.

Shares Statistics:

The stock has traded on average 403.52K shares per day over the past 3-months and 1290750 shares per day over the last 10 days, according to various share statistics. A total of 18.10M shares are outstanding, with a floating share count of 5.71M. Insiders hold about 68.45% of the company’s shares, while institutions hold 0.10% stake in the company. Shares short for FLYE as of 1751241600 were 98014 with a Short Ratio of 0.24, compared to 1748563200 on 91612. Therefore, it implies a Short% of Shares Outstanding of 98014 and a Short% of Float of 1.35.