Fly-E Group Inc [NASDAQ: FLYE] loss -0.21% or -0.01 points to close at $0.48 with a heavy trading volume of 14742969 shares.
The daily chart for FLYE points out that the company has recorded -23.17% loss over the past six months.
If we look at the average trading volume of 1.78M shares, FLYE reached to a volume of 14742969 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Fly-E Group Inc [FLYE]:
The Average True Range (ATR) for Fly-E Group Inc is set at 0.09 The Price to Book ratio for the last quarter was 0.85, with the Price to Cash per share for the same quarter was set at 0.05.
Trading performance analysis for FLYE stock
Fly-E Group Inc [FLYE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.59. With this latest performance, FLYE shares dropped by -19.91% in over the last four-week period, additionally sinking by -23.17% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FLYE stock in for the last two-week period is set at 43.51, with the RSI for the last a single of trading hit 41.48, and the three-weeks RSI is set at 44.92 for Fly-E Group Inc [FLYE]. The present Moving Average for the last 50 days of trading for this stock 0.5238, while it was recorded at 0.4848 for the last single week of trading.
Fly-E Group Inc [FLYE]: A deeper dive into fundamental analysis
Fly-E Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.27 and a Current Ratio set at 1.21.
