The price of Flex Ltd (NASDAQ:FLEX) shares last traded on Wall Street rose 0.32% to $43.86.
FLEX stock price is now 18.92% away from the 50-day moving average and 18.89% away from the 200-day moving average. The market capitalization of the company currently stands at $16.37B.
On October 22, 2024, KeyBanc Capital Markets recently initiated its ‘Overweight’ rating on the stock quoting a target price of $41, while ‘Craig Hallum’ rates the stock as ‘Buy’
In other news, Advaithi Revathi, Chief Executive Officer sold 181,028 shares of the company’s stock on Jun 05 ’25. The stock was sold for $7,767,911 at an average price of $42.91. Upon completion of the transaction, the Chief Executive Officer now directly owns 1,463,695 shares in the company, valued at $64.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 05 ’25, Officer Advaithi Revathi bought 1,296 shares of the business’s stock. A total of $55,611 was incurred on buying the stock at an average price of $42.91.
During the past 12 months, Flex Ltd has had a low of $25.11 and a high of $45.10. As of last week, the company has a debt-to-equity ratio of 0.86, a current ratio of 1.30, and a quick ratio of 0.79. The net profit margin was 3.25% and return on equity was 16.23% for FLEX.
