FlexShopper Inc. (FPAY) to Release Quarterly Earnings on Monday
FlexShopper Inc. (FPAY) opened at $4.12 on Friday. The company has a current ratio of 3.92, a quick ratio of 3.92 and a debt-to-equity ratio of -0.64. FlexShopper Inc. has a 52 week low of $3.10 and a 52 week high of $6.75.
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In other FlexShopper news, CFO Harold Russell Jr. Heiser acquired 5,000 shares of the stock in a transaction dated Tuesday, September 19th. The shares were bought at an average price of $5.11 per share, with a total value of $25,550.00. Following the purchase, the chief financial officer now directly owns 46,622 shares of the company’s stock, valued at approximately $238,238.42. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 25.50% of the company’s stock.
FlexShopper, Inc is a holding company. The Company, through FlexShopper, LLC (FlexShopper), is engaged in the business of providing certain types of durable goods to consumers on a lease-to-own basis and providing lease-to-own (LTO) terms to consumers of third-party retailers and e-tailers. FlexShopper and its online LTO products provide consumers the ability to acquire durable goods, including electronics, computers and furniture on a payment, lease basis.
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