Market Highlights: Flywire Corp (FLYW) Ends on a Low Note at 17.66

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The price of Flywire Corp (NASDAQ: FLYW) closed at $17.66 in the last session, down -5.76% from day before closing price of $18.74. In other words, the price has decreased by -$5.76 from its previous closing price. On the day, 1.52 million shares were traded.

Ratios:

We take a closer look at FLYW’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.50. For the most recent quarter (mrq), Quick Ratio is recorded 2.33 and its Current Ratio is at 2.33. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

On October 11, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $20 to $18.

On May 24, 2024, Wedbush started tracking the stock assigning a Neutral rating and target price of $18.Wedbush initiated its Neutral rating on May 24, 2024, with a $18 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 10 ’24 when Butterfield Peter sold 4,760 shares for $20.68 per share. The transaction valued at 98,449 led to the insider holds 259,585 shares of the business.

Peter Butterfield bought 4,760 shares of FLYW for $99,294 on Dec 10 ’24. On Sep 09 ’24, another insider, Butterfield Peter, who serves as the General Counsel and CCO of the company, sold 4,747 shares for $17.29 each. As a result, the insider received 82,092 and left with 267,435 shares of the company.

Valuation Measures:

As of this moment, Flywire’s Price-to-Earnings (P/E) ratio for their current fiscal year is 118.36, and their Forward P/E ratio for the next fiscal year is 72.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.62 while its Price-to-Book (P/B) ratio in mrq is 2.61.

Stock Price History:

Over the past 52 weeks, FLYW has reached a high of $31.54, while it has fallen to a 52-week low of $15.19. The 50-Day Moving Average of the stock is -10.82%, while the 200-Day Moving Average is calculated to be -4.01%.

Shares Statistics:

A total of 122.58M shares are outstanding, with a floating share count of 117.57M. Insiders hold about 5.51% of the company’s shares, while institutions hold 95.36% stake in the company.

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