Fly-E Group Inc (NASDAQ: FLYE) is -80.94% lower on its value in year-to-date trading and has touched a low of $0.33 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 $1.12 in the last trading session, with the day’s gains setting it 278.47%.
Currently trading at $279.59K, the stock is 43.20% and 83.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.29 million and changing 5292686% at the moment leaves the stock 86.67% off its SMA200. FLYE registered 20.24% gain for a year compared to 6-month gain of 155.05%. The firm has a 50-day simple moving average (SMA 50) of $0.55134 and a 200-day simple moving average (SMA200) of $0.541115.
The stock witnessed a 108.51% loss in the last 1 month and extending the period to 3 months gives it a 118.71%, and is 44.78% up 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 14.45% over the week and 9.46% over the month.
Fly-E Group Inc (FLYE) has around 84 employees, a market worth around $53.71M and $28.55M in sales. Profit margin for the company is -4.62%. Distance from 52-week low is 206.80% and -86.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.78%).
3.0 institutions hold shares in Fly-E Group Inc (FLYE), with institutional investors hold 0.26% of the company’s shares. The shares outstanding are 24.59M, and float is at 16.78M with Short Float at 2.73%. Institutions hold 0.18% of the Float.
