FLYHT Aerospace Solutions (CVE:FLY) Share Price Passes Above 50 Day Moving Average of $0.69

FLYHT Aerospace Solutions Ltd. (CVE:FLY – Get Rating) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.69 and traded as high as C$0.75. FLYHT Aerospace Solutions shares last traded at C$0.75, with a volume of 1,000 shares.

FLYHT Aerospace Solutions Price Performance

The company has a current ratio of 1.42, a quick ratio of 1.23 and a debt-to-equity ratio of 186.14. The business has a fifty day simple moving average of C$0.69 and a 200 day simple moving average of C$0.71. The stock has a market capitalization of C$28.74 million and a P/E ratio of -4.12.

About FLYHT Aerospace Solutions

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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.