The stock of Flywire Corp (NASDAQ: FLYW) has decreased by -0.31 when compared to last closing price of 22.43. Despite this, the company has experienced a 3.37% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-20 that BOSTON, Nov. 20, 2024 (GLOBE NEWSWIRE) — Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today is announcing the appointment of Carleigh Jaques to its Board of Directors, effective immediately. Ms. Jaques will also serve as a member of the Audit Committee of Flywire’s Board of Directors.
Is It Worth Investing in Flywire Corp (NASDAQ: FLYW) Right Now?
Flywire Corp (NASDAQ: FLYW) has a price-to-earnings ratio that is above its average at 149.87x. The stock has a 36-month beta value of 1.03. Opinions on the stock are mixed, with 11 analysts rating it as a “buy,” 7 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for FLYW is 117.49M, and at present, short sellers hold a 5.25% of that float. On November 21, 2024, the average trading volume of FLYW was 1.15M shares.
FLYW’s Market Performance
FLYW stock saw an increase of 3.37% in the past week, with a monthly gain of 29.62% and a quarterly increase of 33.57%. The volatility ratio for the week is 3.18%, and the volatility levels for the last 30 days are 4.54% for Flywire Corp (FLYW). The simple moving average for the past 20 days is 13.91% for FLYW’s stock, with a 15.43% simple moving average for the past 200 days.
Analysts’ Opinion of FLYW
Many brokerage firms have already submitted their reports for FLYW stocks, with Wells Fargo repeating the rating for FLYW by listing it as a “Equal Weight.” The predicted price for FLYW in the upcoming period, according to Wells Fargo is $18 based on the research report published on October 11, 2024 of the current year 2024.
Wedbush, on the other hand, stated in their research note that they expect to see FLYW reach a price target of $18. The rating they have provided for FLYW stocks is “Neutral” according to the report published on May 24th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to FLYW, setting the target price at $30 in the report published on March 01st of the current year.
FLYW Trading at 24.79% from the 50-Day Moving Average
After a stumble in the market that brought FLYW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.11% of loss for the given period.
Volatility was left at 4.54%, however, over the last 30 days, the volatility rate increased by 3.18%, as shares surge +28.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.19% upper at present.
During the last 5 trading sessions, FLYW rose by +3.37%, which changed the moving average for the period of 200-days by +2.19% in comparison to the 20-day moving average, which settled at $19.63. In addition, Flywire Corp saw -3.41% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FLYW starting from Butterfield Peter, who sale 4,747 shares at the price of $17.29 back on Sep 09 ’24. After this action, Butterfield Peter now owns 267,435 shares of Flywire Corp, valued at $82,092 using the latest closing price.
Peter Butterfield, the Officer of Flywire Corp, proposed sale 4,747 shares at $17.29 during a trade that took place back on Sep 09 ’24, which means that Peter Butterfield is holding shares at $82,092 based on the most recent closing price.
Stock Fundamentals for FLYW
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.62 for the gross margin
The net margin for Flywire Corp stands at 0.04. The total capital return value is set at -0.01. Equity return is now at value 2.48, with 1.81 for asset returns.
Currently, EBITDA for the company is 13.57 million with net debt to EBITDA at -23.05. When we switch over and look at the enterprise to sales, we see a ratio of 4.58. The receivables turnover for the company is 2.8for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.33.
Conclusion
To sum up, Flywire Corp (FLYW) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
