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The price of Affirm Holdings Inc (NASDAQ: AFRM) closed at $63.34 in the last session, down -10.65% from day before closing price of $70.89. In other words, the price has decreased by -$10.65 from its previous closing price. On the day, 18.08 million shares were traded. AFRM stock price reached its highest trading level at $73.02 during the session, while it also had its lowest trading level at $62.3401.
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 8.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.28. 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 16 ’24 when Watson Noel Bertram sold 2,500 shares for $72.05 per share. The transaction valued at 180,135 led to the insider holds 41,497 shares of the business.
NOEL WATSON bought 2,500 shares of AFRM for $176,750 on Dec 16 ’24. On Dec 12 ’24, another insider, Rabois Keith, who serves as the Director of the company, sold 16,086 shares for $68.98 each. As a result, the insider received 1,109,657 and left with 109,780 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 19892307968 and an Enterprise Value of 25117423616. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.88 while its Price-to-Book (P/B) ratio in mrq is 7.01. Its current Enterprise Value per Revenue stands at 9.948 whereas that against EBITDA is -86.085.
Stock Price History:
Over the past 52 weeks, AFRM has reached a high of $73.34, while it has fallen to a 52-week low of $22.25. The 50-Day Moving Average of the stock is 12.79%, while the 200-Day Moving Average is calculated to be 62.26%.
Shares Statistics:
According to the various share statistics, AFRM traded on average about 9.90M shares per day over the past 3-months and 6888230 shares per day over the past 10 days. A total of 271.83M shares are outstanding, with a floating share count of 258.32M. Insiders hold about 17.75% of the company’s shares, while institutions hold 67.17% stake in the company. Shares short for AFRM as of 1732838400 were 16689600 with a Short Ratio of 1.69, compared to 1730332800 on 18342345. Therefore, it implies a Short% of Shares Outstanding of 16689600 and a Short% of Float of 6.21.
