FLYHT Aerospace Solutions (CVE:FLY) Reaches New 52-Week Low at $0.30

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

FLYHT Aerospace Solutions Stock Up 12.5 %

The company has a market capitalization of C$14.04 million, a PE ratio of -3.60 and a beta of 1.33. The company has a debt-to-equity ratio of 633.22, a quick ratio of 1.41 and a current ratio of 0.97. The stock’s 50 day moving average is C$0.37 and its 200 day moving average is C$0.48.

FLYHT Aerospace Solutions (CVE:FLY) last posted its earnings results on Wednesday, May 29th. The company reported C($0.02) earnings per share for the quarter. The firm had revenue of C$4.79 million for the quarter. FLYHT Aerospace Solutions had a negative return on equity of 135.33% and a negative net margin of 20.10%. On average, sell-side analysts anticipate that FLYHT Aerospace Solutions Ltd. will post -0.05 EPS for the current fiscal year.

About FLYHT Aerospace Solutions

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.