Fly-E Group Inc (FLYE) Is A Buy Stock For Small Caps – Analysts

ZM Stock

Fly-E Group Inc (NASDAQ:FLYE) has a beta value of -1.54 and has seen 2.5 million shares traded in the last trading session. The company, currently valued at $48.93M, closed the last trade at $4.6 per share which meant it gained $0.14 on the day or 3.14% during that session. The FLYE stock price is -693.48% off its 52-week high price of $36.50 and 64.13% above the 52-week low of $1.65. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.1 million shares traded. The 3-month trading volume is 215.61K shares.

Fly-E Group Inc (NASDAQ:FLYE) trade information

Sporting 3.14% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the FLYE stock price touched $4.6 or saw a rise of 3.97%. Year-to-date, Fly-E Group Inc shares have moved -86.47%, while the 5-day performance has seen it change 11.92%. Over the past 30 days, the shares of Fly-E Group Inc (NASDAQ:FLYE) have changed 35.29%. Short interest in the company has seen 0.36 million shares shorted with days to cover at 1.55.

Fly-E Group Inc (FLYE) estimates and forecasts

The company’s shares have gained 55.43% over the past 6 months.

FLYE Dividends

Fly-E Group Inc is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Fly-E Group Inc (NASDAQ:FLYE)’s Major holders

Insiders own 31.64% of the company shares, while shares held by institutions stand at 0.18% with a share float percentage of 0.26%. Investors are also buoyed by the number of investors in a company, with Fly-E Group Inc having a total of 3.0 institutions that hold shares in the company.

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