Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Fly-E Group Inc (NASDAQ: FLYE) closed at $0.59 down -2.37% from its previous closing price of $0.60. In other words, the price has decreased by -$2.37 from its previous closing price. On the day, 0.51 million shares were traded. FLYE stock price reached its highest trading level at $0.62 during the session, while it also had its lowest trading level at $0.5.
Ratios:
For a deeper understanding of Fly-E Group Inc’s stock, let’s take a closer look at its various 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 14858205 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 7.42%, while the 200-Day Moving Average is calculated to be -63.70%.
Shares Statistics:
For the past three months, FLYE has traded an average of 1.79M shares per day and 9357120 over the past ten 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 0.54, compared to 1727654400 on 347820. Therefore, it implies a Short% of Shares Outstanding of 264700 and a Short% of Float of 3.4099999999999997.
