A glimpse at Affimed N.V.’s potential climb to old highs

In the latest session, Affimed N.V. (NASDAQ: AFMD) closed at $0.80 down -3.66% from its previous closing price of $0.83. In other words, the price has decreased by -$0.0304 from its previous closing price. On the day, 680527 shares were traded. AFMD stock price reached its highest trading level at $0.8500 during the session, while it also had its lowest trading level at $0.7834.

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Ratios:

For a deeper understanding of Affimed N.V.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.60 and its Current Ratio is at 5.60. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.07.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on December 12, 2022, initiated with a Buy rating and assigned the stock a target price of $6.

On October 10, 2022, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $9 to $2.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 3.06 while its Price-to-Book (P/B) ratio in mrq is 0.62.

Stock Price History:

Over the past 52 weeks, AFMD has reached a high of $5.10, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is 1.0730, while the 200-Day Moving Average is calculated to be 2.0380.

Shares Statistics:

For the past three months, AFMD has traded an average of 1.40M shares per day and 891.64k over the past ten days. A total of 149.34M shares are outstanding, with a floating share count of 137.53M. Insiders hold about 3.60% of the company’s shares, while institutions hold 66.20% stake in the company. Shares short for AFMD as of Jan 30, 2023 were 3.14M with a Short Ratio of 3.78M, compared to 4.01M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.10% and a Short% of Float of 2.17%.

Earnings Estimates

There are 9 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.21 for the current quarter, with a high estimate of -$0.16 and a low estimate of -$0.29, while EPS last year was -$0.2. The consensus estimate for the next quarter is -$0.19, with high estimates of -$0.16 and low estimates of -$0.23.

Analysts are recommending an EPS of between -$0.54 and -$0.74 for the fiscal current year, implying an average EPS of -$0.62. EPS for the following year is -$0.79, with 10 analysts recommending between -$0.62 and -$1.04.

Revenue Estimates

A total of 8 analysts believe the company’s revenue will be $7.38M this quarter.It ranges from a high estimate of $12.96M to a low estimate of $3.75M. As of the current estimate, Affimed N.V.’s year-ago sales were $10.54M, an estimated decrease of -30.00% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $6.13M, a decrease of -24.90% over than the figure of -$30.00% in the same quarter last year. There is a high estimate of $9.22M for the next quarter, whereas the lowest estimate is $3.86M.

A total of 9 analysts have provided revenue estimates for AFMD’s current fiscal year. The highest revenue estimate was $47.15M, while the lowest revenue estimate was $32.15M, resulting in an average revenue estimate of $39.12M. In the same quarter a year ago, actual revenue was $41.14M, down -4.90% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $33.18M in the next fiscal year. The high estimate is $79.95M and the low estimate is $11.15M. The average revenue growth estimate for next year is down -15.20% from the average revenue estimate for this year.