Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Affirm Holdings Inc’s stock clocked out at $54.82, down -4.81% from its previous closing price of $57.59. In other words, the price has decreased by -$4.81 from its previous closing price. On the day, 12.64 million shares were traded. AFRM stock price reached its highest trading level at $59.26 during the session, while it also had its lowest trading level at $53.84.
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 7.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.25. 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 11 ’24 when Adkins Katherine sold 200,000 shares for $55.05 per share. The transaction valued at 11,010,600 led to the insider holds 93,545 shares of the business.
O’Hare Robert sold 100,938 shares of AFRM for $5,551,590 on Nov 11 ’24. The Chief Financial Officer now owns 0 shares after completing the transaction at $55.00 per share. On Nov 11 ’24, another insider, KATHERINE ADKINS, who serves as the Officer of the company, bought 200,000 shares for $46.48 each.
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 17216548864 and an Enterprise Value of 22441666560. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.82 while its Price-to-Book (P/B) ratio in mrq is 6.07. Its current Enterprise Value per Revenue stands at 8.888 whereas that against EBITDA is -76.915.
Stock Price History:
Over the past 52 weeks, AFRM has reached a high of $57.93, while it has fallen to a 52-week low of $21.88. The 50-Day Moving Average of the stock is 24.99%, while the 200-Day Moving Average is calculated to be 53.10%.
Shares Statistics:
It appears that AFRM traded 11.00M shares on average per day over the past three months and 14741380 shares per day over the past ten days. A total of 267.31M shares are outstanding, with a floating share count of 255.47M. Insiders hold about 18.64% of the company’s shares, while institutions hold 63.90% stake in the company. Shares short for AFRM as of 1730332800 were 18342345 with a Short Ratio of 1.67, compared to 1727654400 on 19345655. Therefore, it implies a Short% of Shares Outstanding of 18342345 and a Short% of Float of 6.819999999999999.
