Investor’s Delight: Fly-E Group Inc (FLYE) Closes Weak at 0.92, Down -3.17

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The closing price of Fly-E Group Inc (NASDAQ: FLYE) was $0.92 for the day, down -3.17% from the previous closing price of $0.95. In other words, the price has decreased by -$3.17 from its previous closing price. On the day, 3.22 million shares were traded. FLYE stock price reached its highest trading level at $1.001 during the session, while it also had its lowest trading level at $0.8325.

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 0.27 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 1.68 whereas as Long-Term Debt/Eq ratio is at 1.07.

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 48928452 and an Enterprise Value of 43657416. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.71 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 1.529 whereas that against EBITDA is -73.882.

Stock Price History:

The Beta on a monthly basis for FLYE is -2.16, which has changed by -0.8324226 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, FLYE has reached a high of $7.30, while it has fallen to a 52-week low of $0.33. The 50-Day Moving Average of the stock is 60.92%, while the 200-Day Moving Average is calculated to be 68.98%.

Shares Statistics:

FLYE traded an average of 364.24K shares per day over the past three months and 1674910 shares per day over the past ten days. A total of 24.59M shares are outstanding, with a floating share count of 16.78M. Insiders hold about 68.45% of the company’s shares, while institutions hold 0.18% stake in the company. Shares short for FLYE as of 1749772800 were 356060 with a Short Ratio of 0.98, compared to 1747267200 on 299192. Therefore, it implies a Short% of Shares Outstanding of 356060 and a Short% of Float of 0.98.