FlexShopper (FPAY) Projected to Post Quarterly Earnings on Monday

FlexShopper (NASDAQ:FPAY) is expected to announce its earnings results before the market opens on Monday, April 7th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $40.23 million for the quarter.

FlexShopper Trading Down 5.0 %

FlexShopper stock opened at $1.14 on Friday. FlexShopper has a 52-week low of $0.97 and a 52-week high of $2.37. The company has a quick ratio of 7.98, a current ratio of 7.98 and a debt-to-equity ratio of 19.65. The firm has a market capitalization of $24.47 million, a price-to-earnings ratio of -6.71 and a beta of 1.24. The firm has a 50-day moving average price of $1.45 and a two-hundred day moving average price of $1.49.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reissued a “buy” rating and issued a $2.50 price objective on shares of FlexShopper in a report on Tuesday, December 24th.

FlexShopper Company Profile

FlexShopper, Inc, a financial technology company, operates an e-commerce marketplace to shop electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis. The company offers consumer electronics; home appliances; computers, such as tablets and wearables; smartphones; tires; and jewelry and furniture, including accessories.