FlexShopper Inc (FPAY) Stock: A Review of the Recent Movement

The stock of FlexShopper Inc (FPAY) has seen a -7.58% decrease in the past week, with a 0.01% gain in the past month, and a -12.92% decrease in the past quarter. The volatility ratio for the week is 6.03%, and the volatility levels for the past 30 days are at 5.66% for FPAY. The simple moving average for the past 20 days is -8.66% for FPAY’s stock, with a -19.37% 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 also noteworthy at 1.34. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for FPAY is 11.91M, and at present, short sellers hold a 0.08% of that float. The average trading volume of FPAY on September 11, 2024 was 25.23K shares.

FPAY) stock’s latest price update

The stock of FlexShopper Inc (NASDAQ: FPAY) has decreased by -8.17 when compared to last closing price of 1.10.Despite this, the company has seen a loss of -7.58% in its stock price over the last five trading days. globenewswire.com reported 2024-09-09 that FlexShopper providing LTO solutions to over 1,600 retail merchants  through its partnership with Versatile Credit

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 -10.12% 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 -48.20% of loss for the given period.

Volatility was left at 5.66%, however, over the last 30 days, the volatility rate increased by 6.03%, as shares sank -3.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.09% lower at present.

During the last 5 trading sessions, FPAY fell by -7.58%, which changed the moving average for the period of 200-days by -23.48% in comparison to the 20-day moving average, which settled at $1.1039. In addition, FlexShopper Inc saw -39.51% 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 16,200 shares at the price of $1.17 back on Aug 22 ’24. After this action, Dvorkin Howard now owns 4,534,558 shares of FlexShopper Inc, valued at $18,954 using the latest closing price.

Dvorkin Howard, the Director of FlexShopper Inc, purchase 6,900 shares at $1.10 during a trade that took place back on Aug 23 ’24, which means that Dvorkin Howard is holding 4,541,458 shares at $7,590 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 0.98.

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 1.15. The receivables turnover for the company is 1.31for trailing twelve months and the total asset turnover is 0.74.

Conclusion

In summary, FlexShopper Inc (FPAY) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing 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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