In last trading session, FLJ Group Limited (NASDAQ:FLJ) saw 2.11 million shares changing hands with its beta currently measuring -0.68. Company’s recent per share price level of $0.34 trading at $0.07 or 25.64% at ring of the bell on the day assigns it a market valuation of $66.89M. That closing price of FLJ’s stock is at a discount of -1094.12% from its 52-week high price of $4.06 and is indicating a premium of 55.88% from its 52-week low price of $0.15. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.96 million shares which gives us an average trading volume of 772.20K if we extend that period to 3-months.
For FLJ Group Limited (FLJ), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
FLJ Group Limited (NASDAQ:FLJ) trade information
Upright in the green during last session for gaining 25.64%, in the last five days FLJ remained trading in the green while hitting it’s week-highest on Friday, 09/15/23 when the stock touched $0.34 price level, adding 16.46% to its value on the day. FLJ Group Limited’s shares saw a change of -86.10% in year-to-date performance and have moved 50.86% in past 5-day. FLJ Group Limited (NASDAQ:FLJ) showed a performance of 80.00% in past 30-days. Number of shares sold short was 71010.0 shares which calculate 0.31 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $374.13 to the stock, which implies a rise of 99.91% to its current value. Analysts have been projecting $374.13 as a low price target for the stock while placing it at a high target of $374.13. It follows that stock’s current price would drop -109938.24% in reaching the projected high whereas dropping to the targeted low would mean a loss of -109938.24% for stock’s current value.
FLJ Group Limited (FLJ) estimates and forecasts
This year revenue growth is estimated to rise 1,657.80% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $3.13 billion for the same.
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 15.70% during past 5 years.
FLJ Group Limited is more likely to be releasing its next quarterly report in October and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
FLJ Group Limited (NASDAQ:FLJ)’s Major holders
Insiders are in possession of 0.00% of company’s total shares while institution are holding 0.96 percent of that, with stock having share float percentage of 0.96%. Investors also watch the number of corporate investors in a company very closely, which is 0.96% institutions for FLJ Group Limited that are currently holding shares of the company. Morgan Stanley is the top institutional holder at FLJ for having 0.8 million shares of worth $0.27 million. And as of Jun 29, 2023, it was holding 0.46% of the company’s outstanding shares.
The second largest institutional holder is Highlander Partners, L.P., which was holding about 0.46 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 0.27% of outstanding shares, having a total worth of $0.16 million.