The stock of FlexShopper Inc (FPAY) has seen a -3.95% decrease in the past week, with a 3.30% gain in the past month, and a -3.95% decrease in the past quarter. The volatility ratio for the week is 6.71%, and the volatility levels for the past 30 days are at 5.25% for FPAY. The simple moving average for the past 20 days is -0.28% for FPAY’s stock, with a -12.37% simple moving average for the past 200 days.
Is It Worth Investing in FlexShopper Inc (NASDAQ: FPAY) Right Now?
The 36-month beta value for FPAY is at 1.34. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for FPAY is 11.94M, and currently, shorts hold a 0.13% of that float. The average trading volume for FPAY on August 26, 2024 was 29.55K shares.
FPAY) stock’s latest price update
FlexShopper Inc (NASDAQ: FPAY) has experienced a decline in its stock price by -5.60 compared to its previous closing price of 1.16. However, the company has seen a fall of -3.95% in its stock price over the last five trading days. globenewswire.com reported 2024-08-19 that FlexShopper announces the successful integration of their LTO program into PayTomorrow’s platform Successful rollout with Monro Inc., one of the nation’s leading automotive service and tire providers with approximately 1,300 locations FlexShopper’s partnership with PayTomorrow has quickly added over 100 incremental locations with additional retailers, supporting a robust pipeline of over 4,000 locations BOCA RATON, Fla., Aug. 19, 2024 (GLOBE NEWSWIRE) — FlexShopper, Inc. (Nasdaq: FPAY), a prominent national online lease-to-own retailer and payment solutions provider, and PayTomorrow, a leading financing waterfall platform, are pleased to announce a strategic partnership.
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 -5.37% 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 -43.85% of loss for the given period.
Volatility was left at 5.25%, however, over the last 30 days, the volatility rate increased by 6.71%, as shares surge +1.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.88% lower at present.
During the last 5 trading sessions, FPAY fell by -3.95%, which changed the moving average for the period of 200-days by +12.89% in comparison to the 20-day moving average, which settled at $1.0988. In addition, FlexShopper Inc saw -34.43% 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 3,381 shares at the price of $1.16 back on Aug 20 ’24. After this action, Dvorkin Howard now owns 4,518,358 shares of FlexShopper Inc, valued at $3,922 using the latest closing price.
Dvorkin Howard, the Director of FlexShopper Inc, purchase 18,370 shares at $1.14 during a trade that took place back on Aug 16 ’24, which means that Dvorkin Howard is holding 4,504,977 shares at $20,942 based on the most recent closing price.
Stock Fundamentals for FPAY
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.47 for the gross margin
The net margin for FlexShopper Inc stands at -0.0. The total capital return value is set at 0.13. Equity return is now at value -1.91, with -0.34 for asset returns.
Based on FlexShopper Inc (FPAY), the company’s capital structure generated 0.82 points at debt to capital in total, while cash flow to debt ratio is standing at -0.22. The debt to equity ratio resting at 4.67. The interest coverage ratio of the stock is 1.93.
Currently, EBITDA for the company is 23.31 million with net debt to EBITDA at 2.91. When we switch over and look at the enterprise to sales, we see a ratio of 1.16. The receivables turnover for the company is 1.31for trailing twelve months and the total asset turnover is 0.74.
Conclusion
In conclusion, FlexShopper Inc (FPAY) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
