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After finishing at $30.14 in the prior trading day, Affirm Holdings Inc (NASDAQ: AFRM) closed at $29.87, down -0.90%. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 5.65 million shares were traded. AFRM stock price reached its highest trading level at $30.34 during the session, while it also had its lowest trading level at $29.43.
Ratios:
Our goal is to gain a better understanding of AFRM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.06. 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.
On May 09, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $41 to $43.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 03 ’24 when Rabois Keith sold 9,276 shares for $28.83 per share. The transaction valued at 267,399 led to the insider holds 82,899 shares of the business.
Rabois Keith sold 9,276 shares of AFRM for $297,902 on May 01 ’24. The Director now owns 60,000 shares after completing the transaction at $32.12 per share. On Apr 01 ’24, another insider, Rabois Keith, who serves as the Director of the company, sold 9,276 shares for $35.30 each. As a result, the insider received 327,412 and left with 69,276 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 9233563648 and an Enterprise Value of 13790941184. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.38 while its Price-to-Book (P/B) ratio in mrq is 3.51. Its current Enterprise Value per Revenue stands at 6.537 whereas that against EBITDA is -25.167.
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 $12.81. The 50-Day Moving Average of the stock is -6.36%, while the 200-Day Moving Average is calculated to be -8.26%.
Shares Statistics:
The stock has traded on average 6.39M shares per day over the past 3-months and 9402370 shares per day over the last 10 days, according to various share statistics. A total of 309.12M shares are outstanding, with a floating share count of 248.94M. Insiders hold about 19.69% of the company’s shares, while institutions hold 69.60% stake in the company. Shares short for AFRM as of 1715731200 were 26946305 with a Short Ratio of 4.25, compared to 1713139200 on 29249951. Therefore, it implies a Short% of Shares Outstanding of 26946305 and a Short% of Float of 12.920000000000002.
