Flywire Corp (NASDAQ:FLYW) shares, rose in value on Thursday, March 27, with the stock price down by -0.75% to the previous day’s close as strong demand from buyers drove the stock to $9.95.
Actively observing the price movement in the last trading, the stock closed the session at $10.02, falling within a range of $9.9 and $10.22. The value of beta (5-year monthly) was 1.177 whereas the PE ratio was 865.22 over 12-month period. Referring to stock’s 52-week performance, its high was $25.10, and the low was $8.62. On the whole, FLYW has fluctuated by -9.95% over the past month.
With the market capitalization of Flywire Corp currently standing at about $1.23 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 551.8M, with a low estimate of 120M and a high estimate of 129.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 124.09M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FLYW’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 5.44, with the price of FLYW currently trading nearly -3.27% and -35.53% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 26.35, while the 7-day volatility ratio is showing 4.69% which for the 30-day chart, stands at 5.08%. Furthermore, Flywire Corp (FLYW)’s beta value is 1.20, and its average true range (ATR) is 0.69.
A comparison of Flywire Corp (FLYW) with its peers suggests the former has fared considerably weaker in the market. FLYW showed an intraday change of -0.75% in last session, and over the past year, it shrunk by -58.77%%.
Data on historical trading for Flywire Corp (NASDAQ:FLYW) indicates that the trading volumes over the past 10 days have averaged 2.45 and over the past 3 months, they’ve averaged 2.44 million. According to company’s latest data on outstanding shares, there are 122.18 million shares outstanding.
Nearly 7.17% of Flywire Corp’s shares belong to company insiders and institutional investors own 91.09% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.96 million shares as on 2025-03-14, resulting in a short ratio of 0.73. According to the data, the short interest in Flywire Corp (FLYW) stood at 249.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.78 million. The stock has fallen by -51.75% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FLYW stock heading into the next quarter.
