Market Highlights: Fly-E Group Inc (FLYE) Ends on a Low Note at 0.71

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The price of Fly-E Group Inc (NASDAQ: FLYE) closed at $0.71 in the last session, down -0.48% from day before closing price of $0.71. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 0.86 million shares were traded. FLYE stock price reached its highest trading level at $0.72 during the session, while it also had its lowest trading level at $0.6106.

Ratios:

We take a closer look at FLYE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.27 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 1.67 whereas as Long-Term Debt/Eq ratio is at 0.96.

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 17371068 and an Enterprise Value of 27790682. Its current Enterprise Value per Revenue stands at 0.862 whereas that against EBITDA is 10.09.

Stock Price History:

Over the past 52 weeks, FLYE has reached a high of $7.62, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is 27.00%, while the 200-Day Moving Average is calculated to be -57.08%.

Shares Statistics:

According to the various share statistics, FLYE traded on average about 1.74M shares per day over the past 3-months and 9339830 shares per day over the past 10 days. A total of 24.59M shares are outstanding, with a floating share count of 7.76M. Insiders hold about 68.45% of the company’s shares, while institutions hold 1.07% stake in the company. Shares short for FLYE as of 1730332800 were 264700 with a Short Ratio of 0.12, compared to 1727654400 on 347820. Therefore, it implies a Short% of Shares Outstanding of 264700 and a Short% of Float of 3.4099999999999997.

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