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As of close of business last night, Affirm Holdings Inc’s stock clocked out at $66.27, down -4.44% from its previous closing price of $69.35. In other words, the price has decreased by -$4.44 from its previous closing price. On the day, 8.82 million shares were traded. AFRM stock price reached its highest trading level at $69.52 during the session, while it also had its lowest trading level at $65.69.
Ratios:
To gain a deeper understanding of AFRM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 54.70. For the most recent quarter (mrq), Quick Ratio is recorded 6.02 and its Current Ratio is at 6.02. In the meantime, Its Debt-to-Equity ratio is 2.46 whereas as Long-Term Debt/Eq ratio is at 2.36.
On October 11, 2024, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $40 to $52.
Morgan Stanley Upgraded its Underweight to Equal-Weight on October 09, 2024, whereas the target price for the stock was revised from $22 to $37.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 22 ’24 when Michalek Libor sold 100,821 shares for $68.11 per share. The transaction valued at 6,866,470 led to the insider holds 159,449 shares of the business.
Michalek Libor sold 96,332 shares of AFRM for $6,744,203 on Nov 25 ’24. The President now owns 159,449 shares after completing the transaction at $70.01 per share. On Nov 25 ’24, another insider, O’Hare Robert, who serves as the Chief Financial Officer of the company, sold 79,039 shares for $70.01 each. As a result, the insider received 5,533,520 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AFRM now has a Market Capitalization of 20812490752 and an Enterprise Value of 27004901376. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.24 while its Price-to-Book (P/B) ratio in mrq is 7.34. Its current Enterprise Value per Revenue stands at 10.695 whereas that against EBITDA is -92.554.
Stock Price History:
Over the past 52 weeks, AFRM has reached a high of $70.20, while it has fallen to a 52-week low of $22.25. The 50-Day Moving Average of the stock is 38.53%, while the 200-Day Moving Average is calculated to be 80.60%.
Shares Statistics:
It appears that AFRM traded 11.73M shares on average per day over the past three months and 12513430 shares per day over the past ten days. A total of 267.31M shares are outstanding, with a floating share count of 258.31M. Insiders hold about 17.75% of the company’s shares, while institutions hold 67.16% stake in the company. Shares short for AFRM as of 1730332800 were 18342345 with a Short Ratio of 1.56, compared to 1727654400 on 19345655. Therefore, it implies a Short% of Shares Outstanding of 18342345 and a Short% of Float of 6.819999999999999.
