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The closing price of Affirm Holdings Inc (NASDAQ: AFRM) was $68.82 for the day, down -4.26% from the previous closing price of $71.88. In other words, the price has decreased by -$4.26 from its previous closing price. On the day, 6.47 million shares were traded. AFRM stock price reached its highest trading level at $72.26 during the session, while it also had its lowest trading level at $67.1201.
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 10.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.74. 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:
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 04 ’24 when Michalek Libor sold 93,371 shares for $72.00 per share. The transaction valued at 6,722,712 led to the insider holds 160,601 shares of the business.
O’Hare Robert sold 13,965 shares of AFRM for $957,549 on Dec 02 ’24. The Chief Financial Officer now owns 668 shares after completing the transaction at $68.57 per share. On Dec 02 ’24, another insider, Michalek Libor, who serves as the President of the company, sold 6,629 shares for $72.08 each. As a result, the insider received 477,818 and left with 160,601 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 21613334528 and an Enterprise Value of 26838452224. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.00 while its Price-to-Book (P/B) ratio in mrq is 7.62. Its current Enterprise Value per Revenue stands at 10.629 whereas that against EBITDA is -91.984.
Stock Price History:
Over the past 52 weeks, AFRM has reached a high of $72.82, while it has fallen to a 52-week low of $22.25. The 50-Day Moving Average of the stock is 32.30%, while the 200-Day Moving Average is calculated to be 81.39%.
Shares Statistics:
AFRM traded an average of 10.28M shares per day over the past three months and 8344960 shares per day over the past ten days. A total of 271.83M shares are outstanding, with a floating share count of 258.34M. Insiders hold about 17.74% of the company’s shares, while institutions hold 67.18% stake in the company. Shares short for AFRM as of 1731628800 were 20032506 with a Short Ratio of 1.95, compared to 1728950400 on 19365439. Therefore, it implies a Short% of Shares Outstanding of 20032506 and a Short% of Float of 7.4499995.
