How to Buy Flexshopper Stock
Flexshopper Inc
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.
Flexshopper stock last closed at $1.04, down 2.8% from the previous day, and has increased 25% in one year. It has underperformed other stocks in the Rental & Leasing Services industry by 0.09 percentage points. Flexshopper stock is currently +48.36% from its 52-week low of $0.70, and -57.89% from its 52-week high of $2.47.
There are currently 21.75M FPAY shares outstanding. The market capitalization of FPAY is $22.62M. In the last 24 hours, 33,571 FPAY shares were traded.
How to Buy Flexshopper Stock
Wondering how to invest in Flexshopper stock? Here's how.
- Decide where to buy Flexshopper stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Flexshopper stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your payment method and add your information.
- Analyze Flexshopper stock: The Flexshopper ticker symbol is FPAY. Is Flexshopper stock a good investment? Should you buy shares of FPAY? How do FPAY's underlying business fundamentals look? Do top analysts think Flexshopper is a good buy? Why has FPAY's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if FPAY is a good stock to buy).
- Execute your FPAY buy order: Decide if you will purchase FPAY shares at the current market price or use a limit order to buy FPAY shares at a particular price.
- Get the latest scoop on your investment in FPAY: Create a watchlist to keep tabs on your investment in Flexshopper stock.
Step 1: Decide where to buy Flexshopper stock
You need an online brokerage account in order to access the NASDAQ market and buy FPAY stock.
Our preferred brokerage: eToro
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Get $10 towards your stock purchase by creating an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you are able to buy FPAY stock today.
How to Set Up 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 info to start a new brokerage account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on our top ranked stock market app, you need to deposit funds:
Watch the tutorial below for more details transferring funds into your investment account.
Step 4: Analyze Flexshopper stock
Once you have selected the best place to buy Flexshopper stock, it's important to research their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.
Flexshopper shares quick numbers
FPAY Due Diligence Checks
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on FPAY's stock page.
How is FPAY stock valued?
You can use many financial metrics, analyses, models, and charts to gauge FPAY's fair value.
Using relative valuations methods:
- FPAY could be undervalued based on its P/B ratio of 0.77x, relative to Rental & Leasing Services industry P/B ratio of 2.31x
You can access more valuation research on FPAY's stock here.
FPAY Financial Summary
Positive Financial Indicators:
- FPAY has $40.21M in cash and short term investments. This is sufficient to cover its annual cash burn of $13.00M.
- There are more short-term assets than short-term liabilities on the FPAY balance sheet.
- There are more short-term assets than long-term liabilities on the FPAY balance sheet.
- FPAY has cash burn of 12999796. It has enough cash and short-term investments to cover this for at least one year.
- Total FPAY debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- FPAY profit margin has gone down from 8.8% to -7.1% in the past year.
- FPAY has a relatively high debt to equity ratio of 4.35.
Do Wall Street analysts think it's a good time to buy FPAY stock
Out of 1 sell side analysts who give ratings on FPAY, the consensus analyst rating on FPAY is a Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Flexshopper stock forecast page.
FPAY Technicals
FPAY Growth Numbers
Last year, FPAY revenue was $116.98M. In the last 5 year, FPAY's revenue has grown by 13.73% per year. This was faster than the Rental & Leasing Services industry average of 12.68%.
Find out more about FPAY's earnings and revenue performance here.
Are FPAY insiders buying or selling the stock?
In the past 12 months, executives and large shareholders at FPAY have bought more shares than they have sold.
Howard Dvorkin, Director of FPAY, was the latest FPAY insider to buy. They bought $45,405.23 worth of FPAY stock on Dec 29, 2023.
Dig into more about who owns FPAY stock here.
Does FPAY stock generate passive income?
No, Flexshopper doesn't provide an income stream by paying out dividends.
What do other investors have to say about FPAY?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your FPAY buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you require additional help buying stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your investment in FPAY
Now that you own some FPAY shares, you'll want to stay up-to-date on your new investment.
Put FPAY on a watchlist to get notified of the latest news about your FPAY stock.
FPAY Feed
How to Buy Stock in Flexshopper
To reiterate, here are the 6 steps you need to take to buy Flexshopper stock right now:
- Decide where to buy Flexshopper stock
- Open a brokerage account
- Put funds into your investment account
- Analyze Flexshopper stock
- Execute your FPAY buy order
- Get the latest scoop on your investment in FPAY
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Flexshopper, click the button below.
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