In last trading session, Flying Eagle Acquisition Corp. (NYSE:FEAC) saw 1,329,558 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $13.8 trading at -$0.03 or -0.22% at ring of the bell on the day assigns it a market valuation of $1.19 Billion. That closing price of FEAC’s stock is at a discount of -6.52% from its 52-week high price of $14.7 and is indicating a premium of 28.91% from its 52-week low price of $9.81. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.3 Million shares which gives us an average trading volume of 2.31 Million if we extend that period to 3-months.
Flying Eagle Acquisition Corp. (FEAC) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 0% while estimates for its earnings growth in next 5 years are of 0%
Flying Eagle Acquisition Corp. (NYSE:FEAC)’s Major holders
The second largest institutional holder is HGC Investment Management Inc., which was holding about 3.91 Million shares on June 29, 2020. The number of shares represents firm’s hold over 5.67% of outstanding shares, having a total worth of $42.92 Million.
On the other hand, Merger Fund, The and Brinker Capital Destinations Tr-Destinations Multi Strategy Alt Fd are the top two Mutual Funds which own company’s shares. As of June 29, 2020, the former fund manager was holding 833500 shares of worth $9.15 Million or 1.21% of the total outstanding shares. The later fund manager was in possession of 652.49 Thousand shares on May 30, 2020, making its stake of worth around $6.69 Million in the company or a holder of 0.95% of company’s stock.