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In the latest session, Flywire Corp (NASDAQ: FLYW) closed at $16.31 down -0.61% from its previous closing price of $16.41. In other words, the price has decreased by -$0.61 from its previous closing price. On the day, 0.77 million shares were traded. FLYW stock price reached its highest trading level at $16.42 during the session, while it also had its lowest trading level at $15.88.
Ratios:
For a deeper understanding of Flywire Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 43.34. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2055565568 and an Enterprise Value of 1473545984. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.63 while its Price-to-Book (P/B) ratio in mrq is 2.54. Its current Enterprise Value per Revenue stands at 3.336 whereas that against EBITDA is -197.394.
Stock Price History:
The Beta on a monthly basis for FLYW is 0.97, which has changed by -0.47226244 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. Over the past 52 weeks, FLYW has reached a high of $31.61, while it has fallen to a 52-week low of $15.19. The 50-Day Moving Average of the stock is -6.43%, while the 200-Day Moving Average is calculated to be -18.11%.
Shares Statistics:
For the past three months, FLYW has traded an average of 1.16M shares per day and 771180 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 1726185600 were 6974946 with a Short Ratio of 6.01, compared to 1723680000 on 7009533. Therefore, it implies a Short% of Shares Outstanding of 6974946 and a Short% of Float of 5.7700000000000005.
