Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Flywire Corp before investing.

In this article, we go over a few key elements for understanding Flywire Corp’s stock price such as:

• Flywire Corp’s current stock price and volume
• Why Flywire Corp’s stock price changed recently
• Upgrades and downgrades for FLYW from analysts
• FLYW’s stock price momentum as measured by its relative strength

About Flywire Corp (FLYW)

Before we jump into Flywire Corp’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Flywire Corporation is a global payments enablement and software company. The Company's payments platform, global payment network and vertical-specific software help its clients get paid and help their customers pay. The Company uses its vertical-specific software and payments technology to embed within the existing accounts receivable (A/R) workflows for its clients across the education, healthcare and travel vertical markets, as well as in key business-to-business (B2B) industries. It offers integration within its clients’ existing applications (apps) and workflows for payment acceptance and reconciliation. Its integrations supported by its application programming interfaces (APIs) include accounting and enterprise resource planning (ERP) systems, where organizations can optimize the payment experience for their customers while eliminating operational challenges. The Company serves approximately 3,100 clients around the world.

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Flywire Corp’s Stock Price as of Market Close

As of December 04, 2023, 4:00 PM, CST, Flywire Corp’s stock price was $23.59.

Flywire Corp is down 5.81% from its previous closing price of $25.05.

During the last market session, Flywire Corp’s stock traded between $23.07 and $25.19. Currently, there are 116.49 million shares of Flywire Corp stock available for purchase.

Unfortunately, Flywire Corp’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Flywire Corp Stock Price History

Flywire Corp’s (FLYW) price is currently up 1.24% so far this month.

During the month of December, Flywire Corp’s stock price has reached a high of $25.19 and a low of $23.07.

Over the last year, Flywire Corp has hit prices as high as $35.80 and as low as $18.65. Year to date, Flywire Corp’s stock is down 38.02%.

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What Caused Flywire Corp Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of December 01, 2023, there was 1 analyst who downgraded Flywire Corp’s stock and 6 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Flywire Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Flywire Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Flywire Corp’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Flywire Corp (FLYW) by visiting AAII Stock Evaluator.

Relative Price Strength of Flywire Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of December 01, 2023, Flywire Corp has a weighted four-quarter relative price strength of -3.27%, which translates to a Momentum Score of 54 and is considered to be Average.

Want to learn more about how Flywire Corp is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Flywire Corp Stock Price: Bottom Line

As of December 4, 2023, Flywire Corp’s stock price is $23.59, which is down 5.81% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Flywire Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.