flyExclusive (NYSE:FLYX) Stock Price Down 2.5% – Should You Sell?

flyExclusive, Inc. (NYSE:FLYX)’s stock price traded down 2.5% during mid-day trading on Thursday . The stock traded as low as $2.39 and last traded at $2.49. 3,699 shares changed hands during trading, a decline of 89% from the average session volume of 33,659 shares. The stock had previously closed at $2.55.

flyExclusive Stock Performance

The stock has a 50 day moving average price of $3.51 and a two-hundred day moving average price of $4.26.

flyExclusive (NYSE:FLYX) last posted its earnings results on Monday, August 12th. The company reported ($0.35) EPS for the quarter. The business had revenue of $79.97 million for the quarter.

Institutional Trading of flyExclusive

An institutional investor recently bought a new position in flyExclusive stock. PNC Financial Services Group Inc. bought a new stake in flyExclusive, Inc. (NYSE:FLYX) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,000 shares of the company’s stock, valued at approximately $55,000. PNC Financial Services Group Inc. owned approximately 0.10% of flyExclusive at the end of the most recent quarter. Institutional investors own 12.99% of the company’s stock.

flyExclusive Company Profile

flyExclusive, Inc, through its subsidiary, LGM Enterprises, LLC., owns and operates private jets in North America. It also offers jet charter services; and aircraft maintenance, repair, overhaul (MRO) operations, and interior and exterior refurbishment services, as well as wholesale and retail ad hoc flights, a jet club program, partnership program, fractional program, and other services.