FLYHT Aerospace Solutions (CVE:FLY) Stock Passes Below Two Hundred Day Moving Average of $0.91

FLYHT Aerospace Solutions Ltd. (CVE:FLYGet Rating)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.91 and traded as low as C$0.86. FLYHT Aerospace Solutions shares last traded at C$0.92, with a volume of 21,355 shares traded.

FLYHT Aerospace Solutions Price Performance

The company has a quick ratio of 1.41, a current ratio of 1.70 and a debt-to-equity ratio of 187.18. The stock has a market capitalization of C$35.68 million, a price-to-earnings ratio of -7.08 and a beta of 1.31. The company’s 50-day simple moving average is C$1.06 and its 200 day simple moving average is C$0.91.

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.

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