FLYHT Aerospace Solutions (CVE:FLY) Stock Passes Below Two Hundred Day Moving Average of $0.97

Shares of FLYHT Aerospace Solutions Ltd. (CVE:FLY – Get Rating) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.97 and traded as low as C$0.87. FLYHT Aerospace Solutions shares last traded at C$0.90, with a volume of 7,000 shares trading hands.

FLYHT Aerospace Solutions Price Performance

The firm has a market capitalization of C$34.15 million, a price-to-earnings ratio of -29.33 and a beta of 1.36. The company has a fifty day moving average price of C$0.91 and a two-hundred day moving average price of C$0.97. The company has a quick ratio of 1.41, a current ratio of 1.81 and a debt-to-equity ratio of 155.01.

FLYHT Aerospace Solutions (CVE:FLY – Get Rating) last posted its quarterly earnings data on Wednesday, April 12th. The company reported C$0.01 earnings per share for the quarter. The firm had revenue of C$7.24 million during the quarter. On average, equities research analysts expect that FLYHT Aerospace Solutions Ltd. will post -0.05 EPS for the current fiscal year.

About FLYHT Aerospace Solutions

(Get Rating)

FLYHT Aerospace Solutions Ltd. provides real-time communications with aircrafts for the aerospace industry. It offers AFIRS, an automated flight information reporting system that is a satcom aircraft interface device, which enables real-time streaming of flight information, cockpit voice, and black box data streaming; TAMDAR, a tropospheric airborne meteorological data reporting system that aggregates and streams airborne weather data in real-time; AirMap, which provides real-time monitoring and insight of fleets; and UpTime, a ground-based, enterprise server that communicates with AFIRS through satellite connectivity and serves its customers with real-time applications.