How to Buy Expensify Stock
Expensify Inc
Expensify, Inc. provides a cloud-based expense management software platform to individuals, small businesses, and corporations in the United States and internationally.
Expensify stock last closed at $1.60, down 0.62% from the previous day, and has decreased 79.38% in one year. It has underperformed other stocks in the Software - Application industry by 1.01 percentage points. Expensify stock is currently +14.29% from its 52-week low of $1.40, and -80.61% from its 52-week high of $8.25.
As of Apr 30, 2024, there are 85.21M shares of EXFY outstanding. The market capitalization of EXFY is $136.33M. In the last 24 hours, 485,364 EXFY shares were traded.
How to Buy Expensify Stock
Not sure how to invest in Expensify stock? Here's how.
- Choose where to buy Expensify stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Expensify stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your information.
- Research Expensify stock: The Expensify ticker symbol is EXFY. Is Expensify stock a good investment? Should you buy shares of EXFY? How do EXFY's underlying business fundamentals look? Do top analysts think Expensify is a good buy? Why has EXFY's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if EXFY is a good stock to buy).
- Place your EXFY buy order: Decide if you will purchase EXFY shares at the current market price or use a limit order to buy EXFY shares at a specific price.
- Watch your investment in EXFY: Create a watchlist to monitor your new investment in Expensify stock.
Step 1: Choose where to buy Expensify stock
You need an online brokerage account in order to access the NASDAQ market and buy EXFY stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal details so you are able to invest in EXFY today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have finished signing up on stock market app, you need to deposit funds:
Watch the tutorial below for more details depositing money into your new brokerage account.
Step 4: Research Expensify stock
After you have chosen the best place to buy Expensify stock, it's absolutely critical to evaluate their stock before you invest, so you truly wrap your head around the risk and upside.
Overview of key EXFY info
EXFY Fundamentals
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on EXFY's stock page.
Is EXFY stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge EXFY's true value.
Using relative valuations metrics:
- EXFY could be undervalued based on its P/B ratio of 1.35x, relative to Software - Application industry P/B ratio of 6.36x
You can access additional valuation research on EXFY's stock here.
EXFY Financial Health Overview
Positive Health Checks:
- EXFY has cash burn of 5735000. It has sufficient cash and short-term investments to cover this for at least one year.
- EXFY has $47.51M in cash and short term investments. This is sufficient to cover its annual cash burn of $5.74M.
- There are more short-term assets than short-term liabilities on the EXFY balance sheet.
- There are more short-term assets than long-term liabilities on the EXFY balance sheet.
Negative Health Checks:
- EXFY has a relatively high debt to equity ratio of 0.76.
- EXFY profit margin has gone down from -15.9% to -27.5% in the past year.
Is EXFY stock a Buy, Hold, or Sell, according to analysts?
Out of 3 Wall Street analysts who give forecasts on EXFY, the consensus analyst rating on EXFY is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Expensify stock forecast page.
EXFY Technical Indicators
EXFY Revenue
Last year, EXFY revenue was $150.69M. During the past four year, EXFY's revenue has gone up by 16.98% per year. This was slower than the Software - Application industry average of 26.31%.
Find out more about EXFY's earnings and revenue performance here.
Are EXFY insiders buying or selling the stock?
Over the last 12 months, insiders at EXFY have sold more shares than they have bought.
David Michael Barrett, Chief Executive Officer of EXFY, was the latest EXFY insider to sell. They sold $2,385.00 worth of EXFY shares on Apr 30, 2024.
Learn more about who owns EXFY shares here.
Can I get consistent income from EXFY stock?
No, Expensify doesn't provide an income stream by paying out dividends.
EXFY Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your EXFY buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, place a limit order.
Hit the Open button and your broker will execute the order.
If you want additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Watch your investment in EXFY
Now that you own some EXFY shares, you'll want to keep up with your new company.
Add EXFY to a watchlist to get notified of important updates regarding your EXFY stock.
EXFY Feed
How to Buy Stock in Expensify
To reiterate, here are the 6 steps to buy Expensify stock:
- Choose where to buy Expensify stock
- Create your brokerage account
- Deposit money your investment account
- Research Expensify stock
- Place your EXFY buy order
- Watch your investment in EXFY
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Expensify, create a watchlist today.
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