The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is low. The company is performing strongly in the stock market, with strong fundamentals and technicals supporting the momentum. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Fly-E Group Inc's Score
Industry at a Glance
Industry Ranking
51 / 72
Overall Ranking
399 / 4614
Industry
Automobiles & Auto Parts
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
0
analysts
--
Current Rating
--
Target Price
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Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Fly-E Group Inc Highlights
StrengthsRisks
Fly-E Group, Inc. is an electric vehicle (EV) company, which is principally engaged in designing, installing and selling smart electric motorcycles (e-motorcycles), electric bikes (e-bikes), electric scooters (e-scooters) and related accessories under the brand Fly E-Bike. It provides e-bikes to food delivery workers in New York City. It has approximately 39 retail stores, including 38 stores in the United States and one store in Canada. The Company also sells its products through its online store at flyebike.com. It has a diversified product portfolio that is designed to satisfy the various demands of its customers and address different urban travel scenarios. It offers 21 e-motorcycle products, 34 e-bike products and 12 e-scooter products. It sources vehicle components from China and the United States, and then assembles them into its vehicles in a leased facility located in Brooklyn, New York. It has produced approximately 4,015 e-motorcycles, 5,980 e-bikes and 2,107 e-scooters.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 16.77% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 25.43M.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Fairly Valued
The company’s latest PE is -0.79, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 6.91K shares, increasing 42.82% quarter-over-quarter.
Fly-E Group, Inc. is an electric vehicle (EV) company, which is principally engaged in designing, installing and selling smart electric motorcycles (e-motorcycles), electric bikes (e-bikes), electric scooters (e-scooters) and related accessories under the brand Fly E-Bike. It provides e-bikes to food delivery workers in New York City. It has approximately 39 retail stores, including 38 stores in the United States and one store in Canada. The Company also sells its products through its online store at flyebike.com. It has a diversified product portfolio that is designed to satisfy the various demands of its customers and address different urban travel scenarios. It offers 21 e-motorcycle products, 34 e-bike products and 12 e-scooter products. It sources vehicle components from China and the United States, and then assembles them into its vehicles in a leased facility located in Brooklyn, New York. It has produced approximately 4,015 e-motorcycles, 5,980 e-bikes and 2,107 e-scooters.