Fly-E Group, Inc. (NASDAQ:FLYE – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $2.23 and traded as high as $2.85. Fly-E Group shares last traded at $2.24, with a volume of 27,659,891 shares traded.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Fly-E Group in a research note on Monday, September 21st. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock has an average rating of “Sell”.
Get Our Latest Stock Analysis on Fly-E Group
Fly-E Group Stock Performance
The company’s fifty day simple moving average is $1.88 and its two-hundred day simple moving average is $2.23. The company has a market capitalization of $3.65 million, a price-to-earnings ratio of -0.28 and a beta of -0.92.
Fly-E Group (NASDAQ:FLYE – Get Free Report) last released its earnings results on Tuesday, September 1st. The company reported ($2.41) EPS for the quarter. The business had revenue of $2.75 million during the quarter.
Hedge Funds Weigh In On Fly-E Group
A hedge fund recently bought a new stake in Fly-E Group stock. Citadel Advisors LLC purchased a new stake in shares of Fly-E Group, Inc. (NASDAQ:FLYE – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 14,702 shares of the company’s stock, valued at approximately $31,000. Citadel Advisors LLC owned about 0.90% of Fly-E Group at the end of the most recent quarter.
Fly-E Group Company Profile
Fly-E Group, Inc is an electric mobility company that sells electric bicycles, scooters, motorcycles and related products. Its offerings include batteries, chargers, replacement parts and other accessories designed for electric two-wheelers.
The company markets its products under the FLY E-BIKE brand and serves customers through physical retail locations and online sales channels. Its operations are primarily focused on the U.S. market, with a presence in New York City and sales to customers in other areas through e-commerce.
Fly-E Group was established in 2015 and is headquartered in Brooklyn, New York.
Recommended Stories
- Five stocks we like better than Fly-E Group
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Fly-E Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fly-E Group and related companies with MarketBeat.com's FREE daily email newsletter.
