Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Expensify Inc (NASDAQ: EXFY) was $3.34 for the day, up 2.14% from the previous closing price of $3.27. In other words, the price has increased by $2.14 from its previous closing price. On the day, 0.75 million shares were traded. EXFY stock price reached its highest trading level at $3.375 during the session, while it also had its lowest trading level at $3.1695.
Ratios:
Our analysis of EXFY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.50. For the most recent quarter (mrq), Quick Ratio is recorded 2.86 and its Current Ratio is at 2.86. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.
On August 09, 2024, JMP Securities Upgraded its rating to Mkt Outperform which previously was Mkt Perform but kept the price unchanged to $2.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 20 ’24 when Barrett David Michael sold 15,454 shares for $2.91 per share. The transaction valued at 44,971 led to the insider holds 2,378,319 shares of the business.
Barrett Trust LLC bought 561,015 shares of EXFY for $1,548,401 on Nov 15 ’24. On Nov 14 ’24, another insider, Muralidharan Anuradha, who serves as the Chief Operating Officer of the company, sold 5,739 shares for $2.93 each. As a result, the insider received 16,815 and left with 33,351 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EXFY now has a Market Capitalization of 297136064 and an Enterprise Value of 264402096. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.16 while its Price-to-Book (P/B) ratio in mrq is 2.48. Its current Enterprise Value per Revenue stands at 1.924 whereas that against EBITDA is -59.725.
Stock Price History:
Over the past 52 weeks, EXFY has reached a high of $3.47, while it has fallen to a 52-week low of $1.24. The 50-Day Moving Average of the stock is 53.38%, while the 200-Day Moving Average is calculated to be 74.03%.
Shares Statistics:
EXFY traded an average of 537.95K shares per day over the past three months and 859710 shares per day over the past ten days. A total of 70.57M shares are outstanding, with a floating share count of 53.81M. Insiders hold about 39.52% of the company’s shares, while institutions hold 29.76% stake in the company. Shares short for EXFY as of 1731628800 were 457647 with a Short Ratio of 0.86, compared to 1728950400 on 453821. Therefore, it implies a Short% of Shares Outstanding of 457647 and a Short% of Float of 0.69999998.