According to Zacks, “FlexShopper, Inc. operates as a holding company. It is engaged in developing a business that will provide certain categories of durable goods to consumers on a lease to own basis. It offers accounts receivable funding; purchase order finance; outsourcing of accounts receivable management, including collections and the risk of customer default; and other specialty finance products, such as trade finance and government contract funding. FlexShopper, Inc., formerly known as Anchor Funding Services, Inc., is headquartered in Charlotte, North Carolina. “
Shares of NASDAQ FPAY remained flat at $$0.87 during mid-day trading on Friday. 132,984 shares of the stock were exchanged, compared to its average volume of 28,783. FlexShopper has a 1-year low of $0.83 and a 1-year high of $3.82. The firm has a market capitalization of $18.80 million, a PE ratio of -10.88 and a beta of 1.45. The stock has a fifty day simple moving average of $1.41 and a 200 day simple moving average of $1.90.
About FlexShopper (Get Rating)
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. It offers durable products, including consumer electronics; home appliances; computers, including tablets and wearables; smartphones; tires; and jewelry and furniture, such as accessories.
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