With 4.35 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.11 million shares. The 52-week range on FLYW shows that it touched its highest point at $27.06 and its lowest point at $8.62 during that stretch. It currently has a 1-year price target of $18.07. Beta for the stock currently stands at 1.20.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FLYW was down-trending over the past week, with a drop of -10.00%, but this was down by -47.97% over a month. Three-month performance dropped to -54.80% while six-month performance fell -40.97%. The stock lost -61.28% in the past year, while it has lost -50.24% so far this year. A look at the trailing 12-month EPS for FLYW yields 0.01 with Next year EPS estimates of 0.36. For the next quarter, that number is 0.00. This implies an EPS growth rate of 739.01% for this year and 111.78% for next year.
Float and Shares Shorts:
At present, 122.18 million FLYW shares are outstanding with a float of 116.80 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FLYW since 9 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.19335 being high and $0.09158786 being low. For FLYW, this leads to a yearly average estimate of $0.14247. Based on analyst estimates, the high estimate for the next quarter is $0.08 and the low estimate is -$0.02. The average estimate for the next quarter is thus $0.05.
