Additionally, the 36-month beta value for AFRM is 3.52. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for AFRM is 251.36M and currently, short sellers hold a 8.25% ratio of that float. The average trading volume of AFRM on September 13, 2024 was 8.44M shares.
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AFRM) stock’s latest price update
Affirm Holdings Inc (NASDAQ: AFRM)’s stock price has soared by 6.44 in relation to previous closing price of 41.74. Nevertheless, the company has seen a gain of 15.58% in its stock price over the last five trading days. zacks.com reported 2024-09-12 that Despite rising costs and stiff competition, AFRM’s AI-driven platform is revolutionizing payments in the BNPL market. An extensive merchant network remains an added strength.
AFRM’s Market Performance
Affirm Holdings Inc (AFRM) has experienced a 15.58% rise in stock performance for the past week, with a 67.16% rise in the past month, and a 32.90% rise in the past quarter. The volatility ratio for the week is 7.30%, and the volatility levels for the past 30 days are at 6.94% for AFRM. The simple moving average for the past 20 days is 25.76% for AFRM’s stock, with a 25.64% simple moving average for the past 200 days.
Analysts’ Opinion of AFRM
Many brokerage firms have already submitted their reports for AFRM stocks, with BofA Securities repeating the rating for AFRM by listing it as a “Buy.” The predicted price for AFRM in the upcoming period, according to BofA Securities is $36 based on the research report published on July 30, 2024 of the current year 2024.
Goldman gave a rating of “Buy” to AFRM, setting the target price at $42 in the report published on June 24th of the current year.
AFRM Trading at 44.08% 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 -15.34% of loss for the given period.
Volatility was left at 6.94%, however, over the last 30 days, the volatility rate increased by 7.30%, as shares surge +54.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +50.83% upper at present.
During the last 5 trading sessions, AFRM rose by +13.71%, which changed the moving average for the period of 200-days by +48.83% in comparison to the 20-day moving average, which settled at $36.10. In addition, Affirm Holdings Inc saw -9.58% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AFRM starting from Quarles Christa S, who proposed sale 14,400 shares at the price of $40.02 back on Sep 12 ’24. After this action, Quarles Christa S now owns shares of Affirm Holdings Inc, valued at $576,288 using the latest closing price.
WHITE JAMES D, the Former Affiliate of Affirm Holdings Inc, proposed sale 7,201 shares at $41.50 during a trade that took place back on Aug 30 ’24, which means that WHITE JAMES D is holding shares at $298,841 based on the most recent closing price.
Stock Fundamentals for AFRM
Current profitability levels for the company are sitting at:
- -0.14 for the present operating margin
- 0.74 for the gross margin
The net margin for Affirm Holdings Inc stands at -0.22. The total capital return value is set at -0.04. Equity return is now at value -19.66, with -5.86 for asset returns.
Based on Affirm Holdings Inc (AFRM), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 2.35. The interest coverage ratio of the stock is -0.97.
Currently, EBITDA for the company is 86.36 million with net debt to EBITDA at 130.7. When we switch over and look at the enterprise to sales, we see a ratio of 8.12. The receivables turnover for the company is 6.58for trailing twelve months and the total asset turnover is 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.84.
Conclusion
In conclusion, Affirm Holdings Inc (AFRM) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high..
