(FLYE) Fly-E Common Stock - Ratings and Ratios

Fly-E Group, Inc. is a US-based company that designs, installs, and sells a range of electric two-wheeled vehicles, including e-motorcycles, e-bikes, and e-scooters, under the Fly E-Bike brand. The company operates in the US and Canada, offering a diverse product portfolio that includes e-mopeds, e-tricycles, and traditional bikes. In addition to its core products, Fly-E Group also provides a range of accessories and spare parts, such as protective gear, storage solutions, and upgrade components, as well as branded apparel. The companys retail stores offer repair, maintenance, and other value-added services, enhancing the overall customer experience.

As a player in the rapidly growing electric vehicle market, Fly-E Group is well-positioned to capitalize on the increasing demand for eco-friendly transportation solutions. The companys focus on smart electric motorcycles and related accessories suggests a commitment to innovation and customer needs. With its headquarters in Flushing, New York, Fly-E Group has established a strong presence in the US market, and its expansion into Canada indicates a broader strategy for growth. The companys website (https://flyebike.com) provides a platform for customers to explore its products and services.

Analyzing the available data, we can observe that Fly-E Groups stock has experienced significant volatility, with a 52-week high of $6.80 and a low of $0.36. The current price of $0.49 is below the 200-day moving average of $0.55, indicating a potential bearish trend. However, the short-term moving averages (SMA20 and SMA50) are both at $0.45, suggesting a possible stabilization of the stock price. The Average True Range (ATR) of 0.04 (8.88%) indicates moderate volatility.

From a fundamental perspective, Fly-E Groups market capitalization stands at $11.98M USD, with a negative Return on Equity (RoE) of -10.74%. The absence of a Price-to-Earnings (P/E) ratio is likely due to the companys negative earnings. Considering the technical and fundamental data, a potential forecast for Fly-E Groups stock could be cautious optimism. If the company can demonstrate improved earnings and stabilize its stock price, we may see a gradual increase towards the 200-day moving average of $0.55. However, the high volatility and negative RoE suggest that investors should exercise caution and closely monitor the companys performance.