Market Recap: Affirm Holdings Inc (AFRM)’s Negative Momentum, Closing at 64.64

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The closing price of Affirm Holdings Inc (NASDAQ: AFRM) was $64.64 for the day, down -3.31% from the previous closing price of $66.85. In other words, the price has decreased by -$3.31 from its previous closing price. On the day, 3.58 million shares were traded. AFRM stock price reached its highest trading level at $66.5 during the session, while it also had its lowest trading level at $63.75.

Ratios:

Our analysis of AFRM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.59. 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 December 19, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $70 to $82.

Wedbush Upgraded its Underperform to Neutral on October 14, 2024, while the target price for the stock was maintained at $45.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 20072658944 and an Enterprise Value of 25525696512. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.77 while its Price-to-Book (P/B) ratio in mrq is 7.16. Its current Enterprise Value per Revenue stands at 10.109 whereas that against EBITDA is -87.485.

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 10.63%, while the 200-Day Moving Average is calculated to be 62.16%.

Shares Statistics:

AFRM traded an average of 9.52M shares per day over the past three months and 7210800 shares per day over the past ten days. A total of 271.83M 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 1734048000 were 15022903 with a Short Ratio of 1.58, compared to 1731628800 on 20032506. Therefore, it implies a Short% of Shares Outstanding of 15022903 and a Short% of Float of 5.59.

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