The stock price of FlexShopper Inc (NASDAQ: FPAY) has surged by 12.13 when compared to previous closing price of 1.52, but the company has seen a 41.32% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-14 that FlexShopper, Inc. (NASDAQ:FPAY ) Q3 2024 Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants Andrew Berger – Investor Relations Russ Heiser – Chief Executive Officer John Davis – Chief Operating Officer Conference Call Participants Scott Buck – H.C. Wainwright Michael Diana – Maxim Group Steve Silver – Argus Research Operator Ladies and gentlemen, good morning, and welcome to the FlexShopper, Inc. Third Quarter Earnings Conference Call.
Is It Worth Investing in FlexShopper Inc (NASDAQ: FPAY) Right Now?
Company’s 36-month beta value is 1.31.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for FPAY is 11.47M, and currently, short sellers hold a 3.51% ratio of that floaft. The average trading volume of FPAY on November 19, 2024 was 99.98K shares.
FPAY’s Market Performance
FPAY’s stock has seen a 41.32% increase for the week, with a 39.11% rise in the past month and a 44.93% gain in the past quarter. The volatility ratio for the week is 11.81%, and the volatility levels for the past 30 days are at 11.44% for FlexShopper Inc The simple moving average for the last 20 days is 27.07% for FPAY stock, with a simple moving average of 45.77% for the last 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 40.38% 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 -12.31% of loss for the given period.
Volatility was left at 11.44%, however, over the last 30 days, the volatility rate increased by 11.81%, as shares surge +32.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +55.45% upper at present.
During the last 5 trading sessions, FPAY rose by +41.32%, which changed the moving average for the period of 200-days by +28.57% in comparison to the 20-day moving average, which settled at $1.3457. In addition, FlexShopper Inc saw 2.40% in overturn over a single year, with a tendency to cut further gains.
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 0.12. Equity return is now at value 3.09, with 0.54 for asset returns.
Based on FlexShopper Inc (FPAY), the company’s capital structure generated 0.83 points at debt to capital in total, while cash flow to debt ratio is standing at -0.21. The debt to equity ratio resting at 4.92. The interest coverage ratio of the stock is 0.95.
Currently, EBITDA for the company is 13.69 million with net debt to EBITDA at 4.74. When we switch over and look at the enterprise to sales, we see a ratio of 1.32. The receivables turnover for the company is 1.31for trailing twelve months and the total asset turnover is 0.74.
Conclusion
In a nutshell, FlexShopper Inc (FPAY) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
