Flywire Corp (NASDAQ: FLYW): Is It Possible To Be Down -26.22% YTD And Still Lose Money

During the last session, Flywire Corp (NASDAQ:FLYW)’s traded shares were 0.73 million, with the beta value of the company hitting 1.00. At the end of the trading day, the stock’s price was $17.08, reflecting an intraday loss of -1.67% or -$0.29. The 52-week high for the FLYW share is $35.80, that puts it down -109.6 from that peak though still a striking 7.67% gain since the share price plummeted to a 52-week low of $15.77. The company’s market capitalization is $2.12B, and the average trade volume was 1.56 million shares over the past three months.

Flywire Corp (NASDAQ:FLYW) trade information

Flywire Corp (FLYW) registered a -1.67% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.67% in intraday trading to $17.08, hitting a weekly high. The stock’s 5-day price performance is -0.41%, and it has moved by -0.93% in 30 days. Based on these gigs, the overall price performance for the year is -45.64%.

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Flywire Corp (FLYW) estimates and forecasts

Statistics show that Flywire Corp has outperformed its competitors in share price, compared to the industry in which it operates. Flywire Corp (FLYW) shares have gone down -24.76% during the last six months, with a year-to-date growth rate more than the industry average at 128.57% against 17.90.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 21.75%. While earnings are projected to return 118.98% in 2024.

FLYW Dividends

Flywire Corp is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Flywire Corp (NASDAQ:FLYW)’s Major holders