Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Fly-E Group Inc (NASDAQ: FLYE) closed the day trading at $0.48 down -0.21% from the previous closing price of $0.49. In other words, the price has decreased by -$0.21 from its previous closing price. On the day, 14.74 million shares were traded. FLYE stock price reached its highest trading level at $0.7384 during the session, while it also had its lowest trading level at $0.4731.
Ratios:
For a better understanding of FLYE, let’s look at its different ratios. 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 11900350 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 -7.59%, while the 200-Day Moving Average is calculated to be -67.68%.
Shares Statistics:
Over the past 3-months, FLYE traded about 1.78M shares per day on average, while over the past 10 days, FLYE traded about 145520 shares per day. 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 0.18, compared to 1727654400 on 347820. Therefore, it implies a Short% of Shares Outstanding of 264700 and a Short% of Float of 3.4099999999999997.
