Affimed N.V. (AFMD)’s liquidity ratios and what they mean

The price of Affimed N.V. (NASDAQ: AFMD) closed at $0.61 in the last session, up 4.41% from day before closing price of $0.58. In other words, the price has increased by $+5.50 from its previous closing price. On the day, 604950 shares were traded. AFMD stock price reached its highest trading level at $0.61 during the session, while it also had its lowest trading level at $0.58.

Ratios:

We take a closer look at AFMD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.67 and its Current Ratio is at 3.70. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.19.

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:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AFMD now has a Market Capitalization of 902.76M and an Enterprise Value of 819.10M. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.57 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 43.07 whereas that against EBITDA is -7.17.

Stock Price History:

Over the past 52 weeks, AFMD has reached a high of $1.11, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is 5.91, while the 200-Day Moving Average is calculated to be 5.31.

Shares Statistics:

According to the various share statistics, AFMD traded on average about 1.13M shares per day over the past 3-months and 105.85k shares per day over the past 10 days. A total of 149.34M shares are outstanding, with a floating share count of 129.76M. Insiders hold about 13.11% of the company’s shares, while institutions hold 27.50% stake in the company. Shares short for AFMD as of Feb 15, 2024 were 1.53M with a Short Ratio of 1.36, compared to 1.59M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.02% and a Short% of Float of 1.07%.

Earnings Estimates

The company has 7 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.17 for the current quarter, with a high estimate of -$0.12 and a low estimate of -$0.21, while EPS last year was -$0.24. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.07 and low estimates of -$0.24.

Analysts are recommending an EPS of between -$0.74 and -$0.83 for the fiscal current year, implying an average EPS of -$0.8. EPS for the following year is -$0.62, with 7 analysts recommending between -$0.25 and -$0.86.

Revenue Estimates

A total of 7 analysts have provided revenue estimates for AFMD’s current fiscal year. The highest revenue estimate was $11.38M, while the lowest revenue estimate was $8.75M, resulting in an average revenue estimate of $10.38M. In the same quarter a year ago, actual revenue was $44.75M, down -76.80% from the average estimate.

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