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The price of Affirm Holdings Inc (NASDAQ: AFRM) closed at $63.96 in the last session, up 3.06% from day before closing price of $62.06. In other words, the price has increased by $3.06 from its previous closing price. On the day, 11.46 million shares were traded. AFRM stock price reached its highest trading level at $64.01 during the session, while it also had its lowest trading level at $59.89.
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 9.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.80. For the most recent quarter (mrq), Quick Ratio is recorded 6.02 and its Current Ratio is at 6.02. In the meantime, Its Debt-to-Equity ratio is 2.46 whereas as Long-Term Debt/Eq ratio is at 2.36.
On October 11, 2024, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $40 to $52.
Morgan Stanley Upgraded its Underweight to Equal-Weight on October 09, 2024, whereas the target price for the stock was revised from $22 to $37.
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 Nov 19 ’24 when LIBOR MICHALEK bought 100,000 shares for $62.06 per share.
LIBOR MICHALEK bought 100,000 shares of AFRM for $5,615,000 on Nov 18 ’24. On Nov 11 ’24, another insider, Adkins Katherine, who serves as the Chief Legal Officer of the company, sold 200,000 shares for $55.05 each. As a result, the insider received 11,010,600 and left with 93,545 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 20087021568 and an Enterprise Value of 25312139264. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.96 while its Price-to-Book (P/B) ratio in mrq is 7.08. Its current Enterprise Value per Revenue stands at 10.025 whereas that against EBITDA is -86.753.
Stock Price History:
Over the past 52 weeks, AFRM has reached a high of $62.88, while it has fallen to a 52-week low of $22.25. The 50-Day Moving Average of the stock is 40.58%, while the 200-Day Moving Average is calculated to be 76.84%.
Shares Statistics:
According to the various share statistics, AFRM traded on average about 11.54M shares per day over the past 3-months and 17208560 shares per day over the past 10 days. A total of 267.31M shares are outstanding, with a floating share count of 258.30M. Insiders hold about 17.75% of the company’s shares, while institutions hold 67.19% stake in the company. Shares short for AFRM as of 1730332800 were 18342345 with a Short Ratio of 1.59, compared to 1727654400 on 19345655. Therefore, it implies a Short% of Shares Outstanding of 18342345 and a Short% of Float of 6.819999999999999.
