Fly-E Group Inc (NASDAQ:FLYE) does about 278.73K shares in volume on a normal day but saw 1497819 shares change hands in the recent trading day. The company now has a market cap of 11.77M USD. Its current market price is $0.48, marking an increase of 16.76% compared to the previous close of $0.41. The 52 week high reached by this stock is $7.62 whilst the lowest price level in 52 weeks is $0.38.
Fly-E Group Inc (FLYE) has a 20-day trading average at $0.4411 and the current price is -93.72% off the 52-week high compared with 25.48% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5565. If we look at the stock’s price movements over the week, volatility stands at 9.69%, which increases to 9.80% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 50.00 to suggest the stock is neutral.
The current price level is 8.52%, -13.97%, and -72.02% away from its SMA20, SMA50, and SMA200 respectively, with the FLYE price moving above the 50-day SMA on current market day. Fly-E Group Inc (FLYE) stock is up 6.38% over the week and -0.27% over the past month. Its price is -89.99% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 24.59M with insiders holding 68.45% of the shares and institutional holders owning 0.92% of the company’s common stock. Price to book ratio is 0.84.
