Fly-E Group (NASDAQ:FLYE – Get Free Report) released its earnings results on Thursday. The company reported ($2.24) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $7.18 million during the quarter.
Fly-E Group Stock Down 7.5%
Shares of NASDAQ:FLYE opened at $1.71 on Friday. The firm’s 50 day simple moving average is $2.00 and its 200-day simple moving average is $2.85. Fly-E Group has a one year low of $1.62 and a one year high of $161.80.
Hedge Funds Weigh In On Fly-E Group
An institutional investor recently bought a new stake in Fly-E Group stock. XTX Topco Ltd purchased a new stake in Fly-E Group, Inc. (NASDAQ:FLYE – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 34,204 shares of the company’s stock, valued at approximately $31,000. XTX Topco Ltd owned approximately 0.19% of Fly-E Group as of its most recent filing with the SEC.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on FLYE
Fly-E Group Company Profile
FlyE Group, Inc, incorporated as a Cayman Islands exempted company, is a special purpose acquisition company (SPAC) formed to identify, acquire, and combine with one or more businesses. As a blank‐check entity, its primary operations involve raising capital through an initial public offering and seeking a merger, capital stock exchange, asset acquisition, or similar business combination with a target company.
In September 2021, FlyE Group completed its IPO and began trading on the Nasdaq Stock Market under the ticker symbol FLYE.
Featured Articles
- Five stocks we like better than Fly-E Group
- Tesla Just Delivered Record Sales—So Why Did the Stock Sell Off?
- Microsoft Earnings Are Coming—But Azure and CapEx Will Decide the Reaction
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
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.
