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Flywire Corp (NASDAQ: FLYW) closed the day trading at $17.19 down -2.61% from the previous closing price of $17.65. In other words, the price has decreased by -$2.61 from its previous closing price. On the day, 1.19 million shares were traded. FLYW stock price reached its highest trading level at $17.675 during the session, while it also had its lowest trading level at $17.04.
Ratios:
For a better understanding of FLYW, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.68. 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 this company, Wedbush on May 24, 2024, initiated with a Neutral rating and assigned the stock a target price of $18.
On March 01, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also upped its target price recommendation from $27 to $30.
On February 06, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $27.Deutsche Bank initiated its Buy rating on February 06, 2024, with a $27 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 09 ’24 when Butterfield Peter sold 5,921 shares for $18.21 per share. The transaction valued at 107,824 led to the insider holds 275,286 shares of the business.
Santos Edwin J sold 10,448 shares of FLYW for $194,140 on Aug 08 ’24. The Director now owns 10,466 shares after completing the transaction at $18.58 per share. On Aug 09 ’24, another insider, Peter Butterfield, who serves as the Officer of the company, bought 5,921 shares for $18.69 each.
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 2210892032 and an Enterprise Value of 1583777536. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.88 while its Price-to-Book (P/B) ratio in mrq is 2.68. Its current Enterprise Value per Revenue stands at 3.586 whereas that against EBITDA is -212.16.
Stock Price History:
Over the past 52 weeks, FLYW has reached a high of $35.01, while it has fallen to a 52-week low of $15.19. The 50-Day Moving Average of the stock is -0.36%, while the 200-Day Moving Average is calculated to be -18.09%.
Shares Statistics:
Over the past 3-months, FLYW traded about 1.33M shares per day on average, while over the past 10 days, FLYW traded about 1536260 shares per day. A total of 120.70M shares are outstanding, with a floating share count of 118.02M. Insiders hold about 5.78% of the company’s shares, while institutions hold 95.87% stake in the company. Shares short for FLYW as of 1722384000 were 6243660 with a Short Ratio of 4.71, compared to 1719532800 on 6054782. Therefore, it implies a Short% of Shares Outstanding of 6243660 and a Short% of Float of 5.17.
