For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall 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
The price of Affirm Holdings Inc (NASDAQ: AFRM) closed at $68.39 in the last session, down -2.31% from day before closing price of $70.01. In other words, the price has decreased by -$2.31 from its previous closing price. On the day, 12.13 million shares were traded. AFRM stock price reached its highest trading level at $72.09 during the session, while it also had its lowest trading level at $67.32.
Ratios:
We take a closer look at AFRM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.81. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 02 ’24 when ROBERT WARREN OHARE bought 6,489 shares for $70.01 per share.
LIBOR MICHALEK bought 100,000 shares of AFRM for $7,001,000 on Dec 02 ’24. On Nov 22 ’24, another insider, Michalek Libor, who serves as the President of the company, sold 100,821 shares for $68.11 each. As a result, the insider received 6,866,470 and left with 159,449 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 21478289408 and an Enterprise Value of 26703407104. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.71 while its Price-to-Book (P/B) ratio in mrq is 7.57. Its current Enterprise Value per Revenue stands at 10.576 whereas that against EBITDA is -91.521.
Stock Price History:
Over the past 52 weeks, AFRM has reached a high of $70.88, while it has fallen to a 52-week low of $22.25. The 50-Day Moving Average of the stock is 38.75%, while the 200-Day Moving Average is calculated to be 84.26%.
Shares Statistics:
According to the various share statistics, AFRM traded on average about 10.85M shares per day over the past 3-months and 10597970 shares per day over the past 10 days. A total of 271.83M shares are outstanding, with a floating share count of 258.35M. Insiders hold about 17.74% of the company’s shares, while institutions hold 67.16% stake in the company. Shares short for AFRM as of 1731628800 were 20032506 with a Short Ratio of 1.85, compared to 1728950400 on 19365439. Therefore, it implies a Short% of Shares Outstanding of 20032506 and a Short% of Float of 7.4499995.
