FLYHT Aerospace Solutions (CVE:FLY) Share Price Passes Below 50-Day Moving Average of $1.69

Shares of FLYHT Aerospace Solutions Ltd (CVE:FLY) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $1.69 and traded as low as $1.62. FLYHT Aerospace Solutions shares last traded at $1.63, with a volume of 16,900 shares changing hands.

The firm’s fifty day simple moving average is C$1.69. The company has a quick ratio of 1.25, a current ratio of 1.44 and a debt-to-equity ratio of 2,650.83. The firm has a market capitalization of $34.34 million and a PE ratio of -29.82.

FLYHT Aerospace Solutions (CVE:FLY) last posted its earnings results on Wednesday, May 8th. The company reported C$0.01 earnings per share for the quarter. The business had revenue of C$5.34 million during the quarter. Sell-side analysts forecast that FLYHT Aerospace Solutions Ltd will post -0.01 earnings per share for the current fiscal year.

FLYHT Aerospace Solutions Company Profile (CVE:FLY)

FLYHT Aerospace Solutions Ltd. provides real-time aircraft intelligence and cockpit communications for the aerospace industry. It offers AFIRS and UpTime, an automated flight information reporting system (AFIRS) installed on aircraft that captures and monitors functions from the aircraft and the black box, and provides voice and text messaging capabilities that enable pilots to communicate with ground support; and FLYHTStream, a technology that performs real-time triggered alerting and black-box data streaming in the event of an abnormal situation on an aircraft.

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