Flex Ltd (NASDAQ:FLEX) traded at $32.10 at last check on Wednesday, July 24, made an upward move of 8.01% on its previous day’s price.
Looking at the stock we see that its previous close was $29.72 . The company has a trailing 12-month PE ratio of 13.96. In terms of its 52-week price range, FLEX has a high of $34.12 and a low of $16.83. The company’s stock has gained about 5.21% over that past 30 days.
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Flex Ltd has a market cap of $12.80 billion.
Based on estimates by 3 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Flex Ltd (FLEX) stock as a Hold, while 2 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the FLEX stock currently stands at 1.25, and the most recent price level today is 7.25% off its SMA20 and 4.14% from its 50-day simple moving average. The RSI (14) is pointing at 60.09 while the volatility over the past week is 3.36% and jumps to 2.80% over the past one month. The beta value is 1.12, while the average true range (ATR) is currently pointing at 1.13. The average price target for the stock over the next 12 months is $24, with the estimates having a low of $21 and a high of $27. These price ends are 34.58% and 15.89% off the today’s price level respectively, although investors could be excited at the prospect of a 25.23% if the FLEX share price touches on the median price of $24.
Coming back to Flex Ltd (NASDAQ:FLEX), we note that the average 3-month trading volume was 4.04 million, while that of the preceding 10-day period stands at 2.94 million. Current shares outstanding are 408.10 million.
The insiders hold 0.88% of the company’s shares while institutions hold 104.05%. The data shows that short shares as of 2024-06-28, stood at 7.03 million at a short ratio of 1.69. This represents a 2.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.61999982.6199998 short interest in shares outstanding on 2024-06-28. Shares short fall in June from the previous month at 11.23 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 44.88% up in year-to-date price movement.
