Expensify Inc (NASDAQ: EXFY) is -34.41% lower on its value in year-to-date trading and has touched a low of $1.52 and a high of $8.69 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EXFY stock was last observed hovering at around $1.56 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $1.62, the stock is -16.26% and -12.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing 3.85% at the moment leaves the stock -54.25% off its SMA200. EXFY registered -80.12% loss for a year compared to 6-month loss of -50.31%. The firm has a 50-day simple moving average (SMA 50) of $0.77 and a 200-day simple moving average (SMA200) of -$4.14.
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The stock witnessed a -29.57% gain in the last 1 month and extending the period to 3 months gives it a -33.88%, and is -3.57% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.64% over the week and 7.10% over the month.
Expensify Inc (EXFY) has around 133 employees, a market worth around $138.09M and $150.69M in sales. Fwd P/E is 8.71. Profit margin for the company is -27.70%. Distance from 52-week low is 6.58% and -81.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-38.93%).
Expensify Inc quarterly earnings per share for the current quarter are estimated at $0.04 with sales reaching $35.39M over the same period.The EPS is expected to grow by 2625.46% this year, but quarterly earnings will post -4.90% year-over-year. Quarterly sales are estimated to shrink -11.70% in year-over-year returns.
134 institutions hold shares in Expensify Inc (EXFY), with institutional investors hold 78.19% of the company’s shares. The shares outstanding are 70.57M, and float is at 43.36M with Short Float at 4.79%. Institutions hold 47.44% of the Float.
The top institutional shareholder in the company is OpenView Management, LLC with over 10.04 million shares valued at $80.15 million. The investor’s holdings represent 14.68% of the EXFY Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 4.12 million shares valued at $32.85 million to account for 6.02% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 3.73 million shares representing 5.44% and valued at over $29.73 million, while SVB Wealth LLC holds 3.65% of the shares totaling 2.5 million with a market value of $19.95 million.
Expensify Inc (EXFY) Insider Activity
The most recent transaction is an insider sale by Barrett David Michael, the company’s Chief Executive Officer. SEC filings show that Barrett David Michael sold 15,792 shares of the company’s common stock on Apr 03 ’24 at a price of $1.57 per share for a total of $24793.0. Following the sale, the insider now owns 1.28 million shares.
Expensify Inc disclosed in a document filed with the SEC on Apr 02 ’24 that Barrett David Michael (Chief Executive Officer) sold a total of 15,518 shares of the company’s common stock. The trade occurred on Apr 02 ’24 and was made at $1.61 per share for $24984.0. Following the transaction, the insider now directly holds 1.3 million shares of the EXFY stock.
Still, SEC filings show that on Apr 01 ’24, Barrett David Michael (Chief Executive Officer) disposed off 13,300 shares at an average price of $1.75 for $23275.0. The insider now directly holds 1,311,138 shares of Expensify Inc (EXFY).
