flyExclusive, Inc. (NYSE:FLYX – Get Free Report)’s share price was down 0.6% during trading on Friday . The stock traded as low as $1.58 and last traded at $1.66. Approximately 387,884 shares changed hands during trading, a decline of 75% from the average daily volume of 1,547,388 shares. The stock had previously closed at $1.67.
flyExclusive Price Performance
The firm has a market capitalization of $159.42 million, a P/E ratio of -1.87 and a beta of 0.22. The stock has a fifty day simple moving average of $2.23 and a two-hundred day simple moving average of $2.64.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of FLYX. Geode Capital Management LLC grew its stake in shares of flyExclusive by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 113,564 shares of the company’s stock valued at $467,000 after buying an additional 3,373 shares during the period. JPMorgan Chase & Co. boosted its holdings in flyExclusive by 56,636.4% in the third quarter. JPMorgan Chase & Co. now owns 6,241 shares of the company’s stock worth $31,000 after acquiring an additional 6,230 shares in the last quarter. Citadel Advisors LLC acquired a new stake in flyExclusive in the third quarter valued at approximately $68,000. Finally, Keel Point LLC bought a new stake in shares of flyExclusive during the first quarter valued at approximately $42,000. Institutional investors and hedge funds own 12.99% of the company’s stock.
flyExclusive Company Profile
flyExclusive (NYSE:FLYX) is a U.S.-based private aviation company that provides on-demand charter, jet card membership, and aircraft management services. The firm operates a proprietary fleet of large-cabin and super-midsize jets, complemented by third-party managed aircraft under its Part 135 operator certificate. flyExclusive offers customized flight solutions for individual, corporate and group travel, with a focus on safety, scheduling flexibility and personalized service.
The company was launched as a standalone brand in 2018 and completed its business combination to become a publicly traded company in November 2021.
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