rts logo

Is Fly-E Group Inc (FLYE) a good stock to buy now?

Fly-E Group Inc (NASDAQ: FLYE) is -28.51% lower on its value in year-to-date trading and has touched a low of $0.38 and a high of $7.62 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FLYE stock was last observed hovering at around $0.61 in the last trading session, with the day’s loss setting it -0.01%.

Currently trading at $0.60, the stock is 2.12% and 10.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.24 million and changing -2.15% at the moment leaves the stock -62.46% off its SMA200. FLYE registered a loss of -90.17% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $0.54342 and a 200-day simple moving average (SMA200) of $1.5995419.

The stock witnessed a 33.44% gain in the last 1 month and extending the period to 3 months gives it a 1.44%, and is -0.63% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 18.32% over the week and 22.45% over the month.

Distance from 52-week low is 57.40% and -92.12% from its 52-week high.

.

Fly-E Group Inc (FLYE) Top Institutional Holders

The shares outstanding are 24.59M, and float is at 7.76M with Short Float at 12.51%.

Fly-E Group Inc (FLYE) Insider Activity

#####

Related Posts