FLYHT Aerospace Solutions (CVE:FLY) Stock Passes Above 50 Day Moving Average of $1.00

FLYHT Aerospace Solutions Ltd. (CVE:FLYGet Rating)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$1.00 and traded as high as C$1.13. FLYHT Aerospace Solutions shares last traded at C$1.12, with a volume of 3,633 shares traded.

FLYHT Aerospace Solutions Stock Down 2.6 %

The stock’s 50-day moving average price is C$1.00 and its two-hundred day moving average price is C$0.86. The stock has a market capitalization of C$43.44 million and a PE ratio of -6.15. The company has a debt-to-equity ratio of 187.18, a quick ratio of 1.41 and a current ratio of 1.70.

FLYHT Aerospace Solutions (CVE:FLYGet Rating) last released its earnings results on Wednesday, November 9th. The company reported C$0.02 earnings per share for the quarter. The business had revenue of C$6.73 million during the quarter. As a group, analysts expect that FLYHT Aerospace Solutions Ltd. will post -0.05 EPS for the current fiscal year.

FLYHT Aerospace Solutions Company Profile

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FLYHT Aerospace Solutions Ltd. provides real-time communications with aircrafts for the aerospace industry. It offers AFIRS, an automated flight information reporting system that is a satcom aircraft interface device, which enables real-time streaming of flight information, cockpit voice, and black box data streaming; TAMDAR, a tropospheric airborne meteorological data reporting system that aggregates and streams airborne weather data in real-time; AirMap, which provides real-time monitoring and insight of fleets; and UpTime, a ground-based, enterprise server that communicates with AFIRS through satellite connectivity and serves its customers with real-time applications.

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