Fly Leasing Limited (FLY) : During the past 4 weeks, traders have been relatively bearish on Fly Leasing Limited (FLY), hence the stock is down -0.95% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.74% relative to the S&P 500. The 4-week change in the price of the stock is -1.08% and the stock has fallen -1.24% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.33% and the 50-Day Moving Average is 5.57%.The 200 Day SMA reached 0.95%. FLY Leasing Limited is up 2.76% in the last 3-month period. Year-to-Date the stock performance stands at -12.67%.
Fly Leasing Limited (NYSE:FLY): After opening at $11.96, the stock dipped to an intraday low of $11.84 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.035 and the buying power remained strong till the end. The stock closed at $11.92 for the day, a gain of 0.34% for the day session. The total traded volume was 157,669. The stocks close on the previous trading day was $11.88.
Fly Leasing Limited (Fly) is engaged in purchasing commercial aircraft which it leases under multi-year contracts to a range of airlines throughout the world. As of December 31, 2014, the Companys aircraft portfolio consisted of 127 commercial jet aircraft, consisting of 116 narrow-body passenger aircraft, including two freighters, and 11 wide-body passenger aircraft. Fly primarily acquires aircraft by entering into purchase and leaseback transactions with airlines for new aircraft, purchasing portfolios consisting of aircraft of various types and ages, and acquiring individual aircraft. As of December 31, 2014, the Company had 72 Boeing aircraft and 55 Airbus aircraft in its fleet. As of December 31, 2014, the Companys aircraft portfolio ranged across 64 airlines in 36 countries. Fly Leasing Management Co. Limited (Manager) manages the Companys operations.