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After finishing at $44.98 in the prior trading day, Affirm Holdings Inc (NASDAQ: AFRM) closed at $44.93, down -0.11%. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 10.69 million shares were traded. AFRM stock price reached its highest trading level at $46.0 during the session, while it also had its lowest trading level at $43.92.
Ratios:
Our goal is to gain a better understanding of AFRM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.06. For the most recent quarter (mrq), Quick Ratio is recorded 4.84 and its Current Ratio is at 4.84. In the meantime, Its Debt-to-Equity ratio is 2.36 whereas as Long-Term Debt/Eq ratio is at 2.24.
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, Susquehanna on September 20, 2024, initiated with a Positive rating and assigned the stock a target price of $52.
On July 30, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $36.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 18 ’24 when Adkins Katherine sold 82,316 shares for $45.00 per share. The transaction valued at 3,704,228 led to the insider holds 91,499 shares of the business.
Adkins Katherine sold 46,600 shares of AFRM for $2,097,061 on Sep 17 ’24. The Chief Legal Officer now owns 122,069 shares after completing the transaction at $45.00 per share. On Sep 16 ’24, another insider, Adkins Katherine, who serves as the Chief Legal Officer of the company, sold 6,084 shares for $45.00 each. As a result, the insider received 273,780 and left with 122,069 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 13978486784 and an Enterprise Value of 19510040576. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.02 while its Price-to-Book (P/B) ratio in mrq is 5.12. Its current Enterprise Value per Revenue stands at 8.399 whereas that against EBITDA is -53.421.
Stock Price History:
Over the past 52 weeks, AFRM has reached a high of $52.48, while it has fallen to a 52-week low of $15.97. The 50-Day Moving Average of the stock is 38.59%, while the 200-Day Moving Average is calculated to be 26.11%.
Shares Statistics:
The stock has traded on average 8.86M shares per day over the past 3-months and 11678710 shares per day over the last 10 days, according to various share statistics. A total of 267.31M shares are outstanding, with a floating share count of 251.63M. Insiders hold about 19.13% of the company’s shares, while institutions hold 67.51% stake in the company. Shares short for AFRM as of 1724976000 were 20736999 with a Short Ratio of 2.34, compared to 1722384000 on 22896774. Therefore, it implies a Short% of Shares Outstanding of 20736999 and a Short% of Float of 9.770001.
