FLYHT Aerospace Solutions (OTCMKTS:FLYLF) Stock Price Up 10.2% – Still a Buy?

FLYHT Aerospace Solutions Ltd. (OTCMKTS:FLYLF) shot up 10.2% during trading on Friday . The stock traded as high as $0.24 and last traded at $0.24. 2,300 shares were traded during trading, a decline of 91% from the average session volume of 25,958 shares. The stock had previously closed at $0.22.

FLYHT Aerospace Solutions Price Performance

The stock’s 50-day simple moving average is $0.24 and its 200 day simple moving average is $0.21.

FLYHT Aerospace Solutions Company Profile

FLYHT Aerospace Solutions Ltd. provides real-time communications with aircrafts for the aerospace industry. It offers AFIRS, an automated flight information reporting system that is an aircraft satcom/interface device, which enables cockpit voice communications, real-time aircraft state analysis, and the transmission of aircraft data while inflight; TAMDAR, a tropospheric airborne meteorological data reporting system that deliver airborne weather and humidity data in real-time; FLYHT-WVSS-II, a mounted aircraft sensor that detects and reports water vapour; AFIRS Edge, provides AID functions to supply aircraft's data to the flight deck for EFB applications; FleetWatch, offers configurable fleet situational awareness platform; FuelSense, provides insight to an airline's management and usage of fuel; and ClearPort, a clear view into the status of an aircraft.