Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $2.48 in the prior trading day, Affimed N.V (NASDAQ: AFMD) closed at $2.32, down -6.45%. In other words, the price has decreased by -$6.45 from its previous closing price. On the day, 1.83 million shares were traded. AFMD stock price reached its highest trading level at $2.82 during the session, while it also had its lowest trading level at $2.25.
Ratios:
Our goal is to gain a better understanding of AFMD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.93 and its Current Ratio is at 1.93. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.35.
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, H.C. Wainwright on December 12, 2022, initiated with a Buy rating and assigned the stock a target price of $6.
On October 10, 2022, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $9 to $2.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AFMD now has a Market Capitalization of 40652896 and an Enterprise Value of 37302808. For the stock, the TTM Price-to-Sale (P/S) ratio is 37.18 while its Price-to-Book (P/B) ratio in mrq is 1.98. Its current Enterprise Value per Revenue stands at 5.021 whereas that against EBITDA is -0.524.
Stock Price History:
Over the past 52 weeks, AFMD has reached a high of $8.95, while it has fallen to a 52-week low of $2.37. The 50-Day Moving Average of the stock is -27.85%, while the 200-Day Moving Average is calculated to be -50.05%.
Shares Statistics:
The stock has traded on average 119.41K shares per day over the past 3-months and 242610 shares per day over the last 10 days, according to various share statistics. A total of 16.39M shares are outstanding, with a floating share count of 13.02M. Insiders hold about 14.49% of the company’s shares, while institutions hold 18.67% stake in the company. Shares short for AFMD as of 1730332800 were 982934 with a Short Ratio of 8.49, compared to 1727654400 on 653612. Therefore, it implies a Short% of Shares Outstanding of 982934 and a Short% of Float of 6.6599995.
