With 2.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.72 million shares. The 52-week range on FLYW shows that it touched its highest point at $23.40 and its lowest point at $8.20 during that stretch. It currently has a 1-year price target of $13.54. Beta for the stock currently stands at 1.27.
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 -2.65%, but this was up by 7.63% over a month. Three-month performance dropped to -3.20% while six-month performance fell -55.79%. The stock lost -40.57% in the past year, while it has lost -50.05% so far this year. A look at the trailing 12-month EPS for FLYW yields 0.03 with Next year EPS estimates of 0.31. For the next quarter, that number is -0.07. This implies an EPS growth rate of 458.69% for this year and 179.58% for next year.
Float and Shares Shorts:
At present, 120.20 million FLYW shares are outstanding with a float of 112.78 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 $0.42 and the low estimate is $0.31. The average estimate for the next quarter is thus $0.37.
