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Saturday, December 9, 2023

There’s No Need To Panic Or Freeze When It Comes To Expensify Inc (NASDAQ: EXFY)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Expensify Inc (EXFY) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.08, or 2.99%, to $2.76. The Expensify Inc has recorded 6,074 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Expensify to Announce Q3 2023 Results.

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Stocks Info

The company is listed on the NASDAQ and operates within the Software – Application industry segment. At the end of the last regular session, the stock closed at $2.68 and fluctuated between $2.8400 as its day high and $2.6100 as its day low. The current market capitalization of Expensify Inc is $221.85M. A total of 0.61 million shares were traded on the day, compared to an average of 738.66K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, EXFY has seen 14 BUY and 8 SELL insider trades, representing the acquisition of 1,663,005 and the disposition of 427,300 shares. Over the last 12 months, there were 82 BUYs and 60 SELLs from insiders. Insiders purchased 1,961,937 shares during that period but sold 11,099,864.

In the most recent transaction, McLaughlin Steven J. bought 168,894 shares of EXFY for 2.48 per share on Oct 27. After the transaction, the 10% Owner now owns 7,095,025 company shares. In a previous transaction on Oct 11, Barrett David Michael sold 30,000 shares at 3.19 per share. EXFY shares that Chief Executive Officer owns now total 2,654,021.

Among the insiders who sold shares, Schaffer Ryan disposed of 4,000 shares on Sep 29 at a per-share price of $3.28. This resulted in the Chief Financial Officer holding 84,285 shares of EXFY after the transaction. In another insider transaction, Muralidharan Anuradha sold 13,000 shares at $3.63 per share on Sep 15. Company shares held by the Chief Operating Officer now total 42,060.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for EXFY in the last 3 months, the mean price target is $5.67 with high estimates of $8.00 and low estimates of $4.00. In terms of 52-week highs and lows, EXFY has a high of $13.86 and a low of $2.45.

As of this writing, EXFY has an earnings estimate of $0.02 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.08 per share and a lower estimate of -$0.02. The company reported an EPS of $0.05 in the last quarter, which was -37.50% lower than expectations of $0.08.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. EXFY’s latest balance sheet shows that the firm has $98.40M in Cash & Short Term Investments as of fiscal 2021. There were $69.97M in debt and $53.58M in liabilities at the time. Its Book Value Per Share was $1.21, while its Total Shareholder’s Equity was $76.61M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EXFY is Buy with a score of 3.33.

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