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The price of Affirm Holdings Inc (NASDAQ: AFRM) closed at $39.36 in the last session, up 2.23% from day before closing price of $38.50. In other words, the price has increased by $2.23 from its previous closing price. On the day, 7.25 million shares were traded. AFRM stock price reached its highest trading level at $39.6399 during the session, while it also had its lowest trading level at $37.3131.
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 5.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.10. For the most recent quarter (mrq), Quick Ratio is recorded 4.84 and its Current Ratio is at 4.84. In the meantime, Its Debt-to-Equity ratio is 2.36 whereas as Long-Term Debt/Eq ratio is at 2.24.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Susquehanna on September 20, 2024, initiated with a Positive rating and assigned the stock a target price of $52.
On July 30, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $36.
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 Sep 18 ’24 when Adkins Katherine sold 82,316 shares for $45.00 per share. The transaction valued at 3,704,228 led to the insider holds 91,499 shares of the business.
Adkins Katherine sold 46,600 shares of AFRM for $2,097,061 on Sep 17 ’24. The Chief Legal Officer now owns 122,069 shares after completing the transaction at $45.00 per share. On Sep 16 ’24, another insider, Adkins Katherine, who serves as the Chief Legal Officer of the company, sold 6,084 shares for $45.00 each. As a result, the insider received 273,780 and left with 122,069 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 12245565440 and an Enterprise Value of 17777121280. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.27 while its Price-to-Book (P/B) ratio in mrq is 4.48. Its current Enterprise Value per Revenue stands at 7.653 whereas that against EBITDA is -48.676.
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 13.44%, while the 200-Day Moving Average is calculated to be 10.36%.
Shares Statistics:
According to the various share statistics, AFRM traded on average about 8.85M shares per day over the past 3-months and 6602210 shares per day over the past 10 days. A total of 267.31M shares are outstanding, with a floating share count of 251.62M. Insiders hold about 19.12% of the company’s shares, while institutions hold 67.53% stake in the company. Shares short for AFRM as of 1726185600 were 21116951 with a Short Ratio of 2.39, compared to 1723680000 on 23327593. Therefore, it implies a Short% of Shares Outstanding of 21116951 and a Short% of Float of 9.950000000000001.
