After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Flywire Corporation (FLYW) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.52, or -1.92%, to $26.60. The Flywire Corporation has recorded 3,935 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Flywire to Attend Upcoming Investor Conferences.
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Stocks Info
The company is listed on the NASDAQ and operates within the Information Technology Services industry segment. At the end of the last regular session, the stock closed at $27.12 and fluctuated between $27.80 as its day high and $26.95 as its day low. The current market capitalization of Flywire Corporation is $2.81B. A total of 0.79 million shares were traded on the day, compared to an average of 835.24K shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, FLYW has seen 18 BUY and 36 SELL insider trades, representing the acquisition of 1,081,576 and the disposition of 1,363,428 shares. Over the last 12 months, there were 129 BUYs and 228 SELLs from insiders. Insiders purchased 11,243,658 shares during that period but sold 42,236,313.
In the most recent transaction, Butterfield Peter sold 3,370 shares of FLYW for 27.04 per share on Mar 01. After the transaction, the General Counsel and CCO now owns 65,088 company shares. In a previous transaction on Feb 23, Riese Phillip John sold 5,000 shares at 24.47 per share. FLYW shares that Director owns now total 16,354.
Among the insiders who sold shares, Butterfield Peter disposed of 7,862 shares on Feb 22 at a per-share price of $24.08. This resulted in the General Counsel and CCO holding 68,458 shares of FLYW after the transaction. In another insider transaction, Ellis Michael G sold 6,500 shares at $26.23 per share on Feb 13. Company shares held by the Chief Financial Officer now total 105,246.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for FLYW in the last 3 months, the mean price target is $32.29 with high estimates of $36.00 and low estimates of $26.00. In terms of 52-week highs and lows, FLYW has a high of $32.88 and a low of $14.56.
As of this writing, FLYW has an earnings estimate of -$0.1 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0 per share and a lower estimate of -$0.27. The company reported an EPS of -$0.22 in the last quarter, which was -57.10% lower than expectations of -$0.14.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 15 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FLYW is Underweight with a score of 4.83. A total of 14 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.
