52-week price history of FLYE Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Fly-E Group Inc’s current trading price is -93.38% away from its 52-week high, while its distance from the 52-week low is 32.24%. The stock’s price range during this period has fluctuated between $0.38 and $7.62. Shares of the company, which operates in the Consumer Cyclical sector, recorded a trading volume of around 13.68 million for the day, which was evidently higher than the average daily volume of 1.78 million over the last three months.
Financial Performance and Market Capitalization
Fly-E Group Inc (FLYE) has experienced a quarterly decline of -20.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.41M and boasts a workforce of 84 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5666, with a change in price of -0.0881. Similarly, Fly-E Group Inc recorded 1,325,830 in trading volume during the last 100 days, posting a change of -14.54%.
FLYE Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of 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
The raw stochastic average for Fly-E Group Inc over the last 50 days is presently at 10.68%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 31.01%. Further, the company’s Stochastic %K and %D values for the last 20 days were 21.90% and 20.20%, respectively.
FLYE Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded a decrease of -39.94%. However, over the last six months, the performance has been stronger by -19.92%. The price of FLYE decreased -16.51% over the last 30 days. And in the last five days, it has surged by 0.50%.
