Affirm Holdings Inc. (NASDAQ:AFRM) went down by -5.28% from its latest closing price compared to the recent 1-year high of $146.90. The company’s stock price has collected -14.35% of loss in the last five trading sessions. Press Release reported 18 hours ago that Affirm Completes Acquisition of Returnly
Is It Worth Investing in Affirm Holdings Inc. (NASDAQ :AFRM) Right Now?
Opinions of the stock are interesting as 5 analysts out of 9 who provided ratings for Affirm Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $110.11, which is $42.32 above the current price. AFRM currently public float of 120.69M and currently shorts hold a 7.34% ratio of that float. Today, the average trading volume of AFRM was 2.49M shares.
AFRM’s Market Performance
AFRM stocks went down by -14.35% for the week, with a monthly drop of -6.54% and a quarterly performance of -37.94%. The volatility ratio for the week stands at 6.19% while the volatility levels for the past 30 days are set at 5.95% for Affirm Holdings Inc.. The simple moving average for the period of the last 20 days is -5.74% for AFRM stocks with a simple moving average of -25.64% for the last 200 days.
Analysts’ Opinion of AFRM
Many brokerage firms have already submitted their reports for AFRM stocks, with Seaport Global Securities repeating the rating for AFRM by listing it as a “Buy.” The predicted price for AFRM in the upcoming period, according to Seaport Global Securities is $80 based on the research report published on April 16th of the current year 2021.
BofA Securities, on the other hand, stated in their research note that they expect to see AFRM reach a price target of $78. The rating they have provided for AFRM stocks is “Neutral” according to the report published on March 25th, 2021.
Truist gave a rating of “Buy” to AFRM, setting the target price at $160 in the report published on February 08th of the current year.
AFRM Trading at -14.31% from the 50-Day Moving Average
After a stumble in the market that brought AFRM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.54% of loss for the given period.
Volatility was left at 5.95%, however, over the last 30 days, the volatility rate increased by 6.19%, as shares sank -3.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -36.99% lower at present.
During the last 5 trading sessions, AFRM fell by -14.35%, in comparison to the 20-day moving average, which settled at $70.72. In addition, Affirm Holdings Inc. saw -31.32% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at AFRM starting from Jiyane Siphelele, who sale 12,137 shares at the price of $81.18 back on Mar 15. After this action, Jiyane Siphelele now owns 6,360 shares of Affirm Holdings Inc., valued at $985,293 using the latest closing price.
Linford Michael, the Chief Financial Officer of Affirm Holdings Inc., sale 25,000 shares at $81.67 during a trade that took place back on Mar 04, which means that Linford Michael is holding 4,590 shares at $2,041,830 based on the most recent closing price.
Stock Fundamentals for AFRM
Current profitability levels for the company are sitting at:
- +16.87 for the present operating margin
- +88.38 for the gross margin
The net margin for Affirm Holdings Inc. stands at -22.10. The total capital return value is set at 7.07, while invested capital returns managed to touch -23.17.
Based on Affirm Holdings Inc. (AFRM), the company’s capital structure generated 204.12 points at debt to equity in total, while total debt to capital is 67.12.
The receivables turnover for the company is 9.98 and the total asset turnover is 0.40. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.38.