Fly E Group, Common Stock Today
| FLYE Stock | USD 0.42 0.01 2.33% |
Performance0 of 100
| Odds Of DistressOver 53
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Fly E is trading at 0.42 as of the 2nd of December 2024, a 2.33 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.41. Fly E has 53 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Fly E Group, Common are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of December 2022 and ending today, the 2nd of December 2024. Click here to learn more.
Business Domain Automobiles & Components | IPO Date 6th of June 2024 | Category Consumer Cyclical | Classification Consumer Discretionary |
International Jet Engine Supply Inc. provides passenger air transportation services. Intl Jet is traded on OTC Exchange in the United States. The company has 24.59 M outstanding shares of which 228.69 K shares are currently shorted by private and institutional investors with about 0.8 trading days to cover. More on Fly E Group, Common
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Fly Stock Highlights
| Chairman Founder | Zhou Ou | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Automobiles and Trucks (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Automobile Manufacturers, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, Automobiles and Trucks, Consumer Discretionary, Automobiles, Auto Manufacturers, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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| Fly E can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Fly E's financial leverage. It provides some insight into what part of Fly E's total assets is financed by creditors. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fly E Group, Common (FLYE) is traded on NASDAQ Exchange in USA. It is located in 136-40 39th Avenue, Flushing, NY, United States, 11354 and employs 57 people. Fly E is listed under Automobile Manufacturers category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 10.58 M. Fly E Group, conducts business under Automobiles sector and is part of Consumer Discretionary industry. The entity has 24.59 M outstanding shares of which 228.69 K shares are currently shorted by private and institutional investors with about 0.8 trading days to cover.
Fly E generates positive cash flow from operations, but has no cash available
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Ownership AllocationFly E holds a total of 24.59 Million outstanding shares. Fly E Group, Common shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 68.44 percent of Fly E Group, outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fly E Group, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fly E. If investors know Fly will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fly E listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 18.624 | Earnings Share (0.02) | Revenue Per Share 1.455 | Quarterly Revenue Growth 0.004 | Return On Assets 0.0551 |
The market value of Fly E Group, is measured differently than its book value, which is the value of Fly that is recorded on the company's balance sheet. Investors also form their own opinion of Fly E's value that differs from its market value or its book value, called intrinsic value, which is Fly E's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fly E's market value can be influenced by many factors that don't directly affect Fly E's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fly E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fly E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fly E's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.