FlexShopper Inc (FPAY) Stock: What the Analysts are Saying

The stock has a 36-month beta value of 1.21. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for FPAY is 12.40M, and at present, short sellers hold a 0.28% of that float. On April 03, 2024, the average trading volume of FPAY was 52.73K shares.

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FPAY) stock’s latest price update

FlexShopper Inc (NASDAQ: FPAY) has experienced a decline in its stock price by -15.07 compared to its previous closing price of 1.36. However, the company has seen a fall of -7.70% in its stock price over the last five trading days. GlobeNewsWire reported 2024-03-27 that Conference Call Scheduled for Tuesday, April 2, 2024, at 8:30 a.m. ET Conference Call Scheduled for Tuesday, April 2, 2024, at 8:30 a.m. ET

FPAY’s Market Performance

FPAY’s stock has fallen by -7.70% in the past week, with a monthly drop of -4.55% and a quarterly drop of -30.84%. The volatility ratio for the week is 12.86% while the volatility levels for the last 30 days are 7.30% for FlexShopper Inc The simple moving average for the past 20 days is -6.07% for FPAY’s stock, with a -10.62% simple moving average for the past 200 days.

Analysts’ Opinion of FPAY

Many brokerage firms have already submitted their reports for FPAY stocks, with Ascendiant Capital Markets repeating the rating for FPAY by listing it as a “Buy.” The predicted price for FPAY in the upcoming period, according to Ascendiant Capital Markets is $3 based on the research report published on April 10, 2019 of the previous year 2019.

FPAY Trading at -5.47% from the 50-Day Moving Average

After a stumble in the market that brought FPAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.24% of loss for the given period.

Volatility was left at 7.30%, however, over the last 30 days, the volatility rate increased by 12.86%, as shares sank -6.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.33% lower at present.

During the last 5 trading sessions, FPAY fell by -7.70%, which changed the moving average for the period of 200-days by +4.05% in comparison to the 20-day moving average, which settled at $1.2259. In addition, FlexShopper Inc saw -30.84% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at FPAY starting from Dvorkin Howard, who purchase 26,867 shares at the price of $1.69 back on Dec 29 ’23. After this action, Dvorkin Howard now owns 4,062,838 shares of FlexShopper Inc, valued at $45,405 using the latest closing price.

Dvorkin Howard, the Director of FlexShopper Inc, purchase 50,879 shares at $1.74 during a trade that took place back on Dec 28 ’23, which means that Dvorkin Howard is holding 4,035,971 shares at $88,529 based on the most recent closing price.

Stock Fundamentals for FPAY

Current profitability levels for the company are sitting at:

  • 0.02 for the present operating margin
  • 0.4 for the gross margin

The net margin for FlexShopper Inc stands at 0.03. The total capital return value is set at 0.02. Equity return is now at value -14.05, with -2.78 for asset returns.

Based on FlexShopper Inc (FPAY), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at -0.1. The debt to equity ratio resting at 0.4. The interest coverage ratio of the stock is 0.15.

Currently, EBITDA for the company is 13.69 million with net debt to EBITDA at 0.11. When we switch over and look at the enterprise to sales, we see a ratio of 0.3. The receivables turnover for the company is 2.41for trailing twelve months and the total asset turnover is 0.69.

Conclusion

To sum up, FlexShopper Inc (FPAY) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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