Market Insights: Flywire Corp (FLYW)’s Notable Drop of -0.12, Closing at 16.47

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As of close of business last night, Flywire Corp’s stock clocked out at $16.47, down -0.12% from its previous closing price of $16.49. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 1.0 million shares were traded. FLYW stock price reached its highest trading level at $16.76 during the session, while it also had its lowest trading level at $16.42.

Ratios:

To gain a deeper understanding of FLYW’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 43.76. For the most recent quarter (mrq), Quick Ratio is recorded 4.01 and its Current Ratio is at 4.01. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on October 11, 2024, Downgraded its rating to Equal Weight and sets its target price to $18 from $20 previously.

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

Morgan Stanley Downgraded its Overweight to Equal-Weight on March 01, 2024, whereas the target price for the stock was revised from $27 to $30.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 09 ’24 when Butterfield Peter sold 4,747 shares for $17.29 per share. The transaction valued at 82,092 led to the insider holds 267,435 shares of the business.

Peter Butterfield bought 4,747 shares of FLYW for $82,092 on Sep 09 ’24. On Sep 05 ’24, another insider, Butterfield Peter, who serves as the General Counsel and CCO of the company, sold 1,335 shares for $17.31 each. As a result, the insider received 23,114 and left with 272,182 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FLYW now has a Market Capitalization of 2064333184 and an Enterprise Value of 1493588096. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.67 while its Price-to-Book (P/B) ratio in mrq is 2.57. Its current Enterprise Value per Revenue stands at 3.382 whereas that against EBITDA is -200.079.

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 -4.14%, while the 200-Day Moving Average is calculated to be -16.42%.

Shares Statistics:

It appears that FLYW traded 1.16M shares on average per day over the past three months and 875030 shares per day over the past ten days. A total of 120.70M shares are outstanding, with a floating share count of 118.30M. Insiders hold about 5.56% of the company’s shares, while institutions hold 95.80% stake in the company. Shares short for FLYW as of 1727654400 were 6517071 with a Short Ratio of 5.60, compared to 1724976000 on 7114698. Therefore, it implies a Short% of Shares Outstanding of 6517071 and a Short% of Float of 5.390000000000001.

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