Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Fly-E Group Inc’s current trading price is -91.00% away from its 52-week high, while its distance from the 52-week low is 79.82%. The stock’s price range over this period has fluctuated between $0.38 and $7.62. The company, operating within the financial sector, had a trading volume of approximately 1.55 million for the day, which was noticeably lower than the average daily share volume of 1.69 million over the last 3 months.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Fly-E Group Inc (FLYE) has experienced a quarterly rise of 22.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.87M and boasts a workforce of 84 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6099, with a change in price of +0.0298. Similarly, Fly-E Group Inc recorded 1,214,286 in trading volume during the last 100 days, posting a change of +4.54%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for FLYE stands at 1.67. Similarly, the long-term debt-to-equity ratio is also 0.96.
FLYE Stock Stochastic Average
Today’s raw stochastic average for Fly-E Group Inc over the last 50 days is 23.82%.This indicates a increase from the raw stochastic average of the past 20 days, which was 23.82%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 30.42% and 36.73%, respectively.
FLYE Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -18.33%. However, over the past six months, we’ve seen a stronger performance of -87.55%. The price of FLYE fallen by 59.16% over the last 30 days. And in the last five days, it has surged by 54.09%.
