A new trading day began on November 17, 2023, with Expensify Inc (NASDAQ: EXFY) stock priced at $2.18, up 16.75% from the previous day of trading. During the day, the shares moved up to $2.46 and dropped to $2.17 before settling in for the closing price of $2.09. EXFY’s price has ranged from $1.52 to $11.65 over the past 52 weeks.
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 30.10%. Meanwhile, its annual earnings per share averaged -129.12%. With a float of $39.82 million, this company’s outstanding shares have now reached $68.24 million.
The extent of productivity of a business whose workforce counts for 138 workers is very important to gauge. In terms of profitability, gross margin is +61.38, operating margin of -8.99, and the pretax margin is -12.18.
Expensify Inc (EXFY) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Expensify Inc is 51.14%, while institutional ownership is 37.51%. The most recent insider transaction that took place on Nov 13, was worth 100,216. In this transaction Director of this company bought 47,050 shares at a rate of $2.13, taking the stock ownership to the 91,834 shares. Before that another transaction happened on Nov 08, when Company’s 10% Owner bought 1,014,197 for $1.82, making the entire transaction worth $1,845,839. This insider now owns 8,109,222 shares in total.
Expensify Inc (EXFY) Latest Financial update
In its latest quarterly report, released on 9/29/2023, the company reported earnings of -$0.08 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -15.93 while generating a return on equity of -31.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -129.12% per share during the next fiscal year.
Expensify Inc (NASDAQ: EXFY) Trading Performance Indicators
Here are Expensify Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.28. Likewise, its price to free cash flow for the trailing twelve months is 26.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.46, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach 0.05 in one year’s time.
Technical Analysis of Expensify Inc (EXFY)
The latest stats from [Expensify Inc, EXFY] show that its last 5-days average volume of 0.79 million was superior to 0.56 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 51.19%. Additionally, its Average True Range was 0.25.
During the past 100 days, Expensify Inc’s (EXFY) raw stochastic average was set at 13.67%, which indicates a significant decrease from 65.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 220.33% in the past 14 days, which was higher than the 115.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.95, while its 200-day Moving Average is $6.17. Now, the first resistance to watch is $2.54. This is followed by the second major resistance level at $2.65. The third major resistance level sits at $2.83. If the price goes on to break the first support level at $2.25, it is likely to go to the next support level at $2.07. The third support level lies at $1.96 if the price breaches the second support level.
Expensify Inc (NASDAQ: EXFY) Key Stats
With a market capitalization of 204.23 million, the company has a total of 69,195K Shares Outstanding. Currently, annual sales are 169,500 K while annual income is -27,010 K. The company’s previous quarter sales were 36,490 K while its latest quarter income was -17,000 K.