Stock Market Recap: Affirm Holdings Inc (AFRM) Concludes at 29.38, a -1.51 Surge/Decline

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After finishing at $29.83 in the prior trading day, Affirm Holdings Inc (NASDAQ: AFRM) closed at $29.38, down -1.51%. In other words, the price has decreased by -$1.51 from its previous closing price. On the day, 4.52 million shares were traded. AFRM stock price reached its highest trading level at $30.13 during the session, while it also had its lowest trading level at $29.1629.

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 4.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.52. 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:

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 Jul 01 ’24 when Rabois Keith sold 9,276 shares for $29.89 per share. The transaction valued at 277,260 led to the insider holds 73,623 shares of the business.

Rabois Keith sold 9,276 shares of AFRM for $267,399 on Jun 03 ’24. The Director now owns 82,899 shares after completing the transaction at $28.83 per share. On May 01 ’24, another insider, Rabois Keith, who serves as the Director of the company, sold 9,276 shares for $32.12 each. As a result, the insider received 297,902 and left with 60,000 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 9221177344 and an Enterprise Value of 13639470080. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.30 while its Price-to-Book (P/B) ratio in mrq is 3.46. Its current Enterprise Value per Revenue stands at 6.465 whereas that against EBITDA is -24.89.

Stock Price History:

The Beta on a monthly basis for AFRM is 3.45, which has changed by 0.9053178 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. 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 -7.58%, while the 200-Day Moving Average is calculated to be -10.57%.

Shares Statistics:

The stock has traded on average 6.60M shares per day over the past 3-months and 7142780 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 19.47% of the company’s shares, while institutions hold 69.52% stake in the company. Shares short for AFRM as of 1718323200 were 27557525 with a Short Ratio of 4.18, compared to 1715731200 on 26946305. Therefore, it implies a Short% of Shares Outstanding of 27557525 and a Short% of Float of 13.209999999999999.

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