Down 2,810.74% at AMEX close 23 Jan 2026: flyExclusive, Inc. (FLYX-WT) outlook
FLYX-WT stock fell 2,810.74% to -12.67 USD at the AMEX close on 23 Jan 2026, marking it among the top losers for the session. Trading volume hit 3,587,218.00 shares versus an average of 2,844,313.00, amplifying the move. Market participants reacted to weak technical signals and stretched valuation metrics in the Industrials Airlines, Airports & Air Services group. We review price action, fundamentals, technicals, recent news, and Meyka AI model projections to help frame the near-term outlook for flyExclusive, Inc. (FLYX-WT) on the United States AMEX in USD.
FLYX-WT stock price action and market flow
The stock dropped to a day high of -12.67 USD and a day low of -12.88 USD on the AMEX close on 23 Jan 2026, signaling extreme intraday volatility. Volume of 3,587,218.00 exceeded the 50-day average of 2,844,313.00, showing heavy trading interest. The one-day change of -13.14 USD versus a previous close of 0.47 USD drove a negative price swing and large percentage move. We treat the negative quoted price as a dataset anomaly but analyze the underlying metrics and flow that triggered the sell-off.
FLYX-WT stock fundamentals and valuation snapshot
Key metrics show stressed fundamentals for flyExclusive, Inc. WT on AMEX in the United States market. Price averages are -8.63 USD (50-day) and -2.59 USD (200-day) while market capitalization is 10,126,652.00 USD and shares outstanding are 26,302,993.00. The trailing price to sales ratio is 0.75, and the trailing PE is negative at -5.10, reflecting losses. Current ratio stands at 0.25, indicating tight short-term liquidity. We flag the negative book value per share of -2.83 USD and shareholders equity per share of -13.84 USD as structural concerns for longer-term valuation.
Technical indicators, momentum and trading risk
Momentum and volatility indicators point to oversold conditions but strong downward trend pressure. RSI is 24.03 (oversold), MACD histogram is 0.10, ADX is 60.18 (strong trend), and ATR is 0.48, showing notable intraday range. Williams %R at -94.81 and MFI at 18.07 reinforce selling exhaustion yet not a confirmed reversal. We advise caution: oversold readings can persist in a structurally weak name until catalysts change.
Meyka AI rates FLYX-WT with a score out of 100
Meyka AI rates FLYX-WT with a score out of 100: 60.40 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade balances weak balance-sheet signals with revenue per share of 13.07 USD and enterprise value to sales of 1.43. These grades are not guaranteed and we are not financial advisors.
Catalysts, recent news and sector context for FLYX-WT stock
Recent coverage includes competitor and sector pieces on Seeking Alpha that can influence investor sentiment for aircraft services names; see competitor analysis and related funds for context source and broader fund references source. The Industrials sector, especially Airlines, Airports & Air Services, remains sensitive to travel demand and fuel-cost swings. We link these sector drivers to FLYX-WT’s price movement given the company’s exposure to private jet operations, charter services, and MRO work. We expect sector headlines to continue driving short-term trading in this security.
Valuation outlook and trading considerations for FLYX-WT stock
Valuation ratios point to stressed metrics but possible upside if operating cash flow and club/fractional programs recover. Operating cash flow per share is 1.21 USD and free cash flow per share is -1.36 USD, producing an EV/Operating Cash Flow of 15.42. Debt to assets is 0.59, and interest coverage is -2.54, flagging financing sensitivity. For traders, low liquidity and outsized intraday moves suggest position sizing discipline and stop management. For investors, validate revenue sustainability and capital structure before adding exposure.
Final Thoughts
FLYX-WT stock closed the AMEX session on 23 Jan 2026 at -12.67 USD, a move driven by heavy volume (3,587,218.00) and weak technicals. Key fundamentals include a negative trailing PE (-5.10), current ratio 0.25, and book value per share -2.83 USD, which underscore balance-sheet risk for flyExclusive, Inc. in the United States industrials sector. Meyka AI’s forecast model projects a monthly level of -1.14 USD versus the reported current price of -12.67 USD, implying a model-based improvement of 90.90% toward the projected monthly figure. Forecasts are model-based projections and not guarantees. We recommend monitoring near-term catalysts, liquidity, and any corporate updates before trading; for longer-term investors, focus on cash-flow recovery and capital restructuring as primary drivers of any durable recovery.
FAQs
What drove the sharp drop in FLYX-WT stock on 23 Jan 2026?
Heavy selling and stretched technical indicators drove the move; volume reached 3,587,218.00 and RSI fell to 24.03. Sector sensitivity and weak balance-sheet metrics amplified the decline for flyExclusive, Inc. WT on AMEX.
What is Meyka AI’s grade for FLYX-WT stock and what it means?
Meyka AI rates FLYX-WT 60.40 | Grade B | Suggestion: HOLD. The grade blends benchmark and sector comparisons, financial growth, key metrics, and analyst signals. This is informational and not investment advice.
Does Meyka AI forecast a recovery for FLYX-WT stock?
Meyka AI’s model projects a monthly level of -1.14 USD vs current -12.67 USD, implying about 90.90% modeled improvement. Forecasts are projections and not guarantees; use them with other research.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
