Fly-E Group (NASDAQ:FLYE – Get Free Report) issued its earnings results on Friday. The company reported ($1.07) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $2.59 million for the quarter.
Fly-E Group Stock Performance
NASDAQ:FLYE traded down $0.28 during mid-day trading on Friday, hitting $1.96. The company had a trading volume of 36,288 shares, compared to its average volume of 1,627,798. Fly-E Group has a fifty-two week low of $1.22 and a fifty-two week high of $21.80. The business’s fifty day moving average is $1.92 and its two-hundred day moving average is $2.10. The firm has a market cap of $3.20 million, a P/E ratio of -0.24 and a beta of -0.92.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Fly-E Group in a research note on Monday, September 21st. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Fly-E Group presently has a consensus rating of “Sell”.
View Our Latest Report on Fly-E Group
Hedge Funds Weigh In On Fly-E Group
A hedge fund recently bought a new position in Fly-E Group stock. Citadel Advisors LLC purchased a new stake in Fly-E Group, Inc. (NASDAQ:FLYE – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 14,702 shares of the company’s stock, valued at approximately $31,000. Citadel Advisors LLC owned about 0.90% of Fly-E Group at the end of the most recent reporting period.
About Fly-E Group
Fly-E Group, Inc. is an electric mobility company that sells electric bicycles, scooters, motorcycles and related products. Its offerings include batteries, chargers, replacement parts and other accessories designed for electric two-wheelers. The company markets its products under the FLY E-BIKE brand and serves customers through physical retail locations and online sales channels. Its operations are primarily focused on the U.S. market, with a presence in New York City and sales to customers in other areas through e-commerce.
Read More
- Five stocks we like better than Fly-E Group
- Intuitive Machines’ Business Is Taking Off—Will Its Stock Follow?
- The Next Big Thing May Not Be One Thing: Inside Lazard’s Megatrends ETF
- 3 Power and Grid Stocks That Could Keep Growing Even if AI Spending Slows
- Applied Materials Beats and Raises, But Investors Stay Unconvinced
Receive News & Ratings for Fly-E Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fly-E Group and related companies with MarketBeat.com's FREE daily email newsletter.
