FLJ Group Ltd ADR (FLJ) Shares Plummet Below 1-Year High

The stock price of FLJ Group Ltd ADR (NASDAQ: FLJ) has dropped by -17.31 compared to previous close of 0.51. Despite this, the company has seen a fall of -23.15% in its stock price over the last five trading days. InvestorPlace reported 2023-12-29 that FLJ Group (NASDAQ: FLJ ) completed its purchase of property insurer Alpha Mind for $180 million in cash. The cash is being raised by a promissory note due in 90 days.

Is It Worth Investing in FLJ Group Ltd ADR (NASDAQ: FLJ) Right Now?

FLJ Group Ltd ADR (NASDAQ: FLJ) has a price-to-earnings ratio of 0.00x that is above its average ratio. Additionally, the 36-month beta value for FLJ is -1.01. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for FLJ is 4.30M and currently, short sellers hold a 1.45% ratio of that float. The average trading volume of FLJ on May 06, 2024 was 143.00K shares.

FLJ’s Market Performance

The stock of FLJ Group Ltd ADR (FLJ) has seen a -23.15% decrease in the past week, with a -36.91% drop in the past month, and a -42.80% fall in the past quarter. The volatility ratio for the week is 16.24%, and the volatility levels for the past 30 days are at 12.73% for FLJ. The simple moving average for the past 20 days is -26.32% for FLJ’s stock, with a -90.95% simple moving average for the past 200 days.

FLJ Trading at -34.40% from the 50-Day Moving Average

After a stumble in the market that brought FLJ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.30% of loss for the given period.

Volatility was left at 12.73%, however, over the last 30 days, the volatility rate increased by 16.24%, as shares sank -33.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -44.45% lower at present.

During the last 5 trading sessions, FLJ fell by -23.15%, which changed the moving average for the period of 200-days by -94.97% in comparison to the 20-day moving average, which settled at $0.5629. In addition, FLJ Group Ltd ADR saw -78.87% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for FLJ

Current profitability levels for the company are sitting at:

  • -0.18 for the present operating margin
  • 0.28 for the gross margin

The net margin for FLJ Group Ltd ADR stands at -0.22. The total capital return value is set at 0.01.

Based on FLJ Group Ltd ADR (FLJ), the company’s capital structure generated -0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -0.12. The debt to equity ratio resting at -0.07. The interest coverage ratio of the stock is -172.77.

Currently, EBITDA for the company is -3.65 million with net debt to EBITDA at -6.0. When we switch over and look at the enterprise to sales, we see a ratio of 1.06.

Conclusion

In conclusion, FLJ Group Ltd ADR (FLJ) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts