Fly-E Group (NASDAQ:FLYE) Stock Price Down 7.6% – Should You Sell?

Fly-E Group, Inc. (NASDAQ:FLYE) was down 7.6% on Tuesday . The company traded as low as $0.42 and last traded at $0.44. Approximately 204,267 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 752,049 shares. The stock had previously closed at $0.48.

Fly-E Group Stock Performance

The business has a 50-day moving average of $0.55 and a 200 day moving average of $1.70.

Fly-E Group Company Profile

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.