The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. FlexShopper Inc shares valued at $18,954 were purchased by Dvorkin Howard on Aug 22 ’24. At $1.17 per share, Dvorkin Howard acquired 16,200 shares. The insider’s holdings grew to 4,534,558 shares worth approximately $8.39 million following the completion of this transaction.
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Also, Dvorkin Howard purchased 6,900 shares, netting a total of over 7,590 in proceeds. Following the buying of shares at $1.10 each, the insider now holds 4,541,458 shares.
Before that, Dvorkin Howard had added 3,381 shares to its account. In a trade valued at $3,922, the Director bought FlexShopper Inc shares for $1.16 each. Upon closing the transaction, the insider’s holdings increased to 3,381 shares, worth approximately $8.36 million.
As published in their initiating research note from Ascendiant Capital Markets on April 10, 2019, FlexShopper Inc [FPAY] has been a Buy and the price target has been revised to $3.
Analyzing FPAY Stock Performance
During the last five days, there has been a surge of approximately 6.94%. Over the course of the year, FlexShopper Inc shares have jumped approximately 10.78%. Shares of the company reached a 52-week high of $1.8550 on 11/27/24 and a 52-week low of $0.9700 on 09/16/24. A 50-day SMA is recorded $1.3166, while a 200-day SMA reached $1.1882. Nevertheless, trading volume fell to 0.17 million shares from 0.12 million shares the previous day.
Support And Resistance Levels for FlexShopper Inc (FPAY)
According to the 24-hour chart, there is a support level at 1.7617, which, if violated, would cause prices to drop to 1.6733. In the upper region, resistance lies at 1.8967. The next price resistance is at 1.9433. RSI (Relative Strength Index) is 69.27 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.2250, which suggests the price will decrease in the coming days. Percent R is at 0.67%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
