Market Recap Check: Affirm Holdings Inc (AFRM)’s Positive Finish at 32.51, Up/Down 1.98

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your 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 $32.51 in the last session, up 1.98% from day before closing price of $31.88. In other words, the price has increased by $1.98 from its previous closing price. On the day, 8.37 million shares were traded. AFRM stock price reached its highest trading level at $32.665 during the session, while it also had its lowest trading level at $31.5.

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 4.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.98. For the most recent quarter (mrq), Quick Ratio is recorded 14.54 and its Current Ratio is at 14.54. In the meantime, Its Debt-to-Equity ratio is 2.39 whereas as Long-Term Debt/Eq ratio is at 2.39.

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 Aug 01 ’24 when Rabois Keith sold 9,275 shares for $26.90 per share. The transaction valued at 249,514 led to the insider holds 64,348 shares of the business.

Rabois Keith sold 9,276 shares of AFRM for $277,260 on Jul 01 ’24. The Director now owns 73,623 shares after completing the transaction at $29.89 per share. On Jun 03 ’24, another insider, Rabois Keith, who serves as the Director of the company, sold 9,276 shares for $28.83 each. As a result, the insider received 267,399 and left with 82,899 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 10049652736 and an Enterprise Value of 14607030272. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.76 while its Price-to-Book (P/B) ratio in mrq is 3.82. Its current Enterprise Value per Revenue stands at 6.924 whereas that against EBITDA is -26.656.

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 12.49%, while the 200-Day Moving Average is calculated to be -5.77%.

Shares Statistics:

According to the various share statistics, AFRM traded on average about 6.62M shares per day over the past 3-months and 7104570 shares per day over the past 10 days. A total of 309.12M shares are outstanding, with a floating share count of 248.00M. Insiders hold about 19.77% of the company’s shares, while institutions hold 67.94% stake in the company. Shares short for AFRM as of 1722384000 were 22896774 with a Short Ratio of 3.53, compared to 1719532800 on 25361503. Therefore, it implies a Short% of Shares Outstanding of 22896774 and a Short% of Float of 10.97.

Most Popular