How to Buy Fly E Group Stock
Fly E Group Inc
Fly-E Group, Inc. engages in the designing, installing, and selling of smart electric motorcycles (e-motorcycles), electric bikes, electric scooters, and related accessories under the Fly E-Bike brand in the United States and Canada.
Fly E Group stock last closed at $0.82, up 17.5% from the previous day, and has decreased 77.8% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.22 percentage points. Fly E Group stock is currently +148.94% from its 52-week low of $0.33, and -89.25% from its 52-week high of $7.62.
At the moment, there are 24.59M shares of FLYE outstanding. The market capitalization of FLYE is $20.14M. In the last 24 hours, 498,000 FLYE shares were traded.
How to Buy Fly E Group Stock
Wondering how to invest in Fly E Group stock? Here's how.
- Figure out where to buy Fly E Group stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Fly E Group stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your payment method and add your information.
- Analyze Fly E Group stock: The Fly E Group ticker symbol is FLYE. Is Fly E Group stock a good investment? Should you buy shares of FLYE? How do FLYE's underlying business fundamentals look? Do top analysts think Fly E Group is a good buy? Why has FLYE's stock price moved recently? (Hint: Our stock research tools can help you understand if FLYE is a good stock to buy).
- Place your FLYE trade: Decide if you will purchase FLYE shares at the current market price or use a limit order to purchase FLYE stock at a given price.
- Get the latest news on your FLYE investment: Create a watchlist to keep track of your investment in Fly E Group stock.
Step 1: Figure out where to buy Fly E Group stock
You will need a brokerage account in order to access the NASDAQ market and buy FLYE stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. Here's why:
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- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you are able to buy FLYE stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create a new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on stock market app, you can securely and quickly fund your account:
Watch the tutorial below if you need help depositing funds into your new investment account.
Step 4: Analyze Fly E Group stock
Once you have chosen the best place to buy Fly E Group stock, it's crucial to analyze their stock prior to buying, so you can comprehend the risk as well as the upside.
Fly E Group quick stats
Fundamentals of Fly E Group
WallStreetZen was built to help everyday investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on FLYE's stock page.
How is FLYE stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge FLYE's fair value.
Using relative valuations metrics:
- FLYE may be undervalued based on its P/B ratio of 1.53x, relative to Auto Manufacturers industry P/B ratio of 2.66x
You can access more valuation analysis on FLYE's stock here.
FLYE Financial Overview
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the FLYE balance sheet.
Negative Health Checks:
- FLYE has a relatively high debt to equity ratio of 1.84.
- FLYE has cash burn of 12376741. It does not have enough cash and short-term investments to cover this.
- There are more long-term liabilities than short-term assets on the FLYE balance sheet.
- FLYE has $1.37M in cash and short term investments. This is not enough to cover its annual cash burn of $12.38M.
- FLYE profit margin has gone down from 4.2% to -4.6% in the past year.
Metrics for Advanced FLYE Traders
How is FLYE performing as a company?
Last year, FLYE revenue was $28.55M. In the past one years, FLYE's revenue has gone up by -2.74% per year. This was slower than the Auto Manufacturers industry average of 28.45%.
You can analyze FLYE's earnings and revenue performance here.
Are FLYE executives and large shareholders buying or selling the stock?
In the past 12 months, insiders at FLYE have not bought or sold any shares.
Research more about who owns FLYE shares here.
Does FLYE provide a stable income stream?
No, Fly E Group doesn't provide an income stream by paying out dividends.
What others are saying about FLYE
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your FLYE trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, use a limit order.
Hit the Open button and your broker will place your order.
If you require more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your FLYE investment
Now that you own some FLYE shares, you'll want to keep up with your new investment.
Add FLYE to a watchlist to get notified of important updates regarding your FLYE stock.
FLYE Feed
How to Buy Stock in Fly E Group
To reiterate, here are the 6 steps to buy stock in Fly E Group:
- Figure out where to buy Fly E Group stock
- Create a brokerage account
- Fund your investment account
- Analyze Fly E Group stock
- Place your FLYE trade
- Get the latest news on your FLYE investment
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Fly E Group, create a watchlist today.
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