Fly-E Group (NASDAQ:FLYE) Posts Earnings Results

Fly-E Group (NASDAQ:FLYE) released its earnings results on Wednesday. The company reported ($0.03) earnings per share for the quarter, Zacks reports. The business had revenue of $5.68 million during the quarter.

Fly-E Group Stock Down 8.6 %

Shares of NASDAQ FLYE traded down $0.04 during midday trading on Friday, reaching $0.44. The company’s stock had a trading volume of 107,535 shares, compared to its average volume of 894,025. Fly-E Group has a one year low of $0.38 and a one year high of $7.62. The company has a 50 day moving average price of $0.54 and a 200 day moving average price of $0.60.

About Fly-E Group

Fly-E Group, Inc engages in the designing, installing, and selling of smart electric motorcycles (e-motorcycles), electric bikes, electric scooters, and related accessories under the Fly E-Bike brand in the United States and Canada. It offers e-mopeds, e-motorcycles, e-tricycles, e-bikes, and e-scooters; and traditional bikes.