In the past week, EXFY stock has gone up by 6.23%, with a monthly gain of 71.55% and a quarterly surge of 33.86%. The volatility ratio for the week is 7.05%, and the volatility levels for the last 30 days are 7.66% for Expensify Inc The simple moving average for the past 20 days is 31.37% for EXFY’s stock, with a 58.25% simple moving average for the past 200 days.
Is It Worth Investing in Expensify Inc (NASDAQ: EXFY) Right Now?
EXFY has 36-month beta value of 1.68. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for EXFY is 53.61M, and currently, short sellers hold a 0.86% ratio of that float. The average trading volume of EXFY on November 20, 2024 was 493.20K shares.
EXFY) stock’s latest price update
The stock of Expensify Inc (NASDAQ: EXFY) has increased by 7.76 when compared to last closing price of 2.77.Despite this, the company has seen a gain of 6.23% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-13 that Expensify’s Q3 2024 results show declining revenue but improved free cash flow guidance. The global expense and travel management software market is projected to grow significantly, driven by mobile device use, cost reduction demands, and AI technologies. Despite stable gross margins and reduced SG&A costs, Expensify’s revenue growth remains challenged, with a focus on transitioning to its Platform 2.0 approach.
Analysts’ Opinion of EXFY
Many brokerage firms have already submitted their reports for EXFY stocks, with JMP Securities repeating the rating for EXFY by listing it as a “Mkt Outperform.” The predicted price for EXFY in the upcoming period, according to JMP Securities is $2.50 based on the research report published on August 09, 2024 of the current year 2024.
EXFY Trading at 42.34% from the 50-Day Moving Average
After a stumble in the market that brought EXFY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.33% of loss for the given period.
Volatility was left at 7.66%, however, over the last 30 days, the volatility rate increased by 7.05%, as shares surge +75.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.63% upper at present.
During the last 5 trading sessions, EXFY rose by +6.05%, which changed the moving average for the period of 200-days by +81.71% in comparison to the 20-day moving average, which settled at $2.27. In addition, Expensify Inc saw 20.85% 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 EXFY starting from Barrett Trust LLC, who proposed sale 561,015 shares at the price of $2.76 back on Nov 15 ’24. After this action, Barrett Trust LLC now owns shares of Expensify Inc, valued at $1,548,401 using the latest closing price.
Muralidharan Anuradha, the Chief Operating Officer of Expensify Inc, sale 5,739 shares at $2.93 during a trade that took place back on Nov 14 ’24, which means that Muralidharan Anuradha is holding 33,351 shares at $16,815 based on the most recent closing price.
Stock Fundamentals for EXFY
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.53 for the gross margin
The net margin for Expensify Inc stands at -0.12. The total capital return value is set at -0.06. Equity return is now at value -15.10, with -8.35 for asset returns.
Based on Expensify Inc (EXFY), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 2.77. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is -5.26.
Currently, EBITDA for the company is -27.98 million with net debt to EBITDA at 8.43. When we switch over and look at the enterprise to sales, we see a ratio of 1.68. The receivables turnover for the company is 10.86for trailing twelve months and the total asset turnover is 0.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.86.
Conclusion
To put it simply, Expensify Inc (EXFY) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
