Flywire Corp (FLYW) is -4.30% away from 50-day simple Moving Average despite all headwinds

On Friday, Flywire Corp (NASDAQ: FLYW) was unchanged from the session before settling in for the closing price of $16.49. A 52-week range for FLYW has been $15.19 – $31.61.

It was noted that within the last five years, the titan of the Technology sector saw sales topped by 43.66%. When this article was written, the company’s average yearly earnings per share was at 85.86%. With a float of $118.30 million, this company’s outstanding shares have now reached $120.70 million.

The extent of productivity of a business whose workforce counts for 1200 workers is very important to gauge. In terms of profitability, gross margin is 61.46%, operating margin of -4.3%, and the pretax margin is 0.18%.

Flywire Corp (FLYW) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Flywire Corp stocks. The insider ownership of Flywire Corp is 5.56%, while institutional ownership is 95.80%. The most recent insider transaction that took place on Sep 09 ’24, was worth 82,092. In this transaction General Counsel and CCO of this company sold 4,747 shares at a rate of $17.29, taking the stock ownership to the 267,435 shares. Before that another transaction happened on Sep 09 ’24, when Company’s Officer proposed sale 4,747 for $17.29, making the entire transaction worth $82,092.

Flywire Corp (FLYW) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 85.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 61.29% during the next five years compared to 21.75% growth over the previous five years of trading.

Flywire Corp (NASDAQ: FLYW) Trading Performance Indicators

You can see what Flywire Corp (FLYW) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.68. Likewise, its price to free cash flow for the trailing twelve months is 43.82.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.24 in one year’s time.

Technical Analysis of Flywire Corp (FLYW)

The latest stats from [Flywire Corp, FLYW] show that its last 5-days average volume of 1.02 million was inferior to 1.42 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 67.55%. Additionally, its Average True Range was 0.66.

During the past 100 days, Flywire Corp’s (FLYW) raw stochastic average was set at 30.30%, which indicates a significant decrease from 62.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.64% in the past 14 days, which was lower than the 42.88% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.23, while its 200-day Moving Average is $19.74. Now, the first resistance to watch is $16.70. This is followed by the second major resistance level at $16.90. The third major resistance level sits at $17.24. If the price goes on to break the first support level at $16.16, it is likely to go to the next support level at $15.82. The third support level lies at $15.62 if the price breaches the second support level.

Flywire Corp (NASDAQ: FLYW) Key Stats

There are 124,201K outstanding shares of the company, which has a market capitalization of 2.07 billion. As of now, sales total 403,090 K while income totals -8,570 K. Its latest quarter income was 103,680 K while its last quarter net income were -13,880 K.