Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Fly-E Group Inc (NASDAQ: FLYE) was $7.49 for the day, up 6.70% from the previous closing price of $7.02. In other words, the price has increased by $6.70 from its previous closing price. On the day, 4.4 million shares were traded. FLYE stock price reached its highest trading level at $7.5801 during the session, while it also had its lowest trading level at $7.05.
Ratios:
Our analysis of FLYE’s different ratios will help us gain a deeper understanding of the company. 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 135545776 and an Enterprise Value of 153787104. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.33 while its Price-to-Book (P/B) ratio in mrq is 3.66. Its current Enterprise Value per Revenue stands at 6.048 whereas that against EBITDA is -39.804.
Stock Price History:
The Beta on a monthly basis for FLYE is -1.25, which has changed by 0.48316836 over the last 52 weeks, in comparison to a change of 0.18157876 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 56.86%, while the 200-Day Moving Average is calculated to be 142.63%.
Shares Statistics:
FLYE traded an average of 955.25K shares per day over the past three months and 2923170 shares per day over the past ten days. 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 1753920000 were 598933 with a Short Ratio of 0.63, compared to 1751241600 on 98014. Therefore, it implies a Short% of Shares Outstanding of 598933 and a Short% of Float of 4.0700004.
