FlexShopper with ticker code (FPAY) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 5 and 3 with the average target price sitting at 4. Given that the stocks previous close was at 2.57 this now indicates there is a potential upside of 55.6%. The 50 day MA is 2.17 and the 200 moving average now moves to 1.82. The company has a market cap of $51m. Find out more information at: http://www.flexshopper.com
FlexShopper, through its wholly owned subsidiary, FlexShopper, LLC operates as an online lease-to-own (LTO) retailer and LTO payment solution provider. The company provides residential furniture, consumer electronics, computers, appliances, household accessories, and various other durable goods to consumers on a LTO basis to consumers of third-party retailers and e-tailers. It offers products through FlexShopper.com, an LTO e-commerce marketplace; e-commerce sites and in-store terminals by utilizing FlexShopper’s patented LTO payment method; and facilitation of LTO transactions with retailers. The company was formerly known as Anchor Funding Services and changed its name to FlexShopper in October 2013. FlexShopper was founded in 2003 and is based in Boca Raton, Florida.
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