FLYHT Aerospace Solutions (CVE:FLY) Hits New 12-Month Low at $0.30

FLYHT Aerospace Solutions Ltd. (CVE:FLY) hit a new 52-week low on Thursday . The company traded as low as C$0.30 and last traded at C$0.32, with a volume of 16600 shares changing hands. The stock had previously closed at C$0.36.

FLYHT Aerospace Solutions Stock Performance

The company’s 50-day moving average price is C$0.38 and its two-hundred day moving average price is C$0.49. The company has a market cap of C$12.48 million, a P/E ratio of -3.60 and a beta of 1.33. The company has a current ratio of 0.97, a quick ratio of 1.41 and a debt-to-equity ratio of 633.22.

FLYHT Aerospace Solutions (CVE:FLY) last released its earnings results on Wednesday, May 29th. The company reported C($0.02) EPS for the quarter. The business had revenue of C$4.79 million for the quarter. FLYHT Aerospace Solutions had a negative net margin of 20.10% and a negative return on equity of 135.33%. As a group, equities analysts forecast that FLYHT Aerospace Solutions Ltd. will post -0.05 earnings per share for the current year.

FLYHT Aerospace Solutions Company Profile

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 an aircraft satcom/interface device, which enables cockpit voice communications, real-time aircraft state analysis, and the transmission of aircraft data while inflight; TAMDAR, a tropospheric airborne meteorological data reporting system that deliver airborne weather and humidity data in real-time; FLYHT-WVSS-II, a mounted aircraft sensor that detects and reports water vapour; AFIRS Edge, provides AID functions to supply aircraft's data to the flight deck for EFB applications; FleetWatch, offers configurable fleet situational awareness platform; FuelSense, provides insight to an airline's management and usage of fuel; and ClearPort, a clear view into the status of an aircraft.