Affimed N.V. [NASDAQ: AFMD] stock went on an upward path that rose over 23.77% on Wednesday, amounting to a one-week price increase of more than 20.89%. The company report on March 11, 2021 that Affimed Announces Presentations at the AACR Annual Meeting 2021.
AFM24 preclinical in vivo data will be presented as a poster.
Over the last 12 months, AFMD stock rose by 236.82%. The average equity rating for AFMD stock is currently 1.60, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $698.53 million, with 86.03 million shares outstanding and 82.40 million shares in the current float. Compared to the average trading volume of 1.69M shares, AFMD stock reached a trading volume of 6871242 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Affimed N.V. [AFMD]:
SVB Leerink have made an estimate for Affimed N.V. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 28, 2019. The new note on the price target was released on August 28, 2018, representing the official price target for Affimed N.V. stock. Previously, the target price had yet another raise to $7, while SunTrust analysts kept a Buy rating on AFMD stock.
The Average True Range (ATR) for Affimed N.V. is set at 0.51, with the Price to Sales ratio for AFMD stock in the period of the last 12 months amounting to 25.87. The Price to Book ratio for the last quarter was 10.42, with the Price to Cash per share for the same quarter was set at 1.13.
AFMD Stock Performance Analysis:
Affimed N.V. [AFMD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 20.89. With this latest performance, AFMD shares gained by 12.83% in over the last four-week period, additionally plugging by 106.40% over the last 6 months – not to mention a rise of 236.82% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AFMD stock in for the last two-week period is set at 63.33, with the RSI for the last a single of trading hit 69.75, and the three-weeks RSI is set at 59.75 for Affimed N.V. [AFMD]. The present Moving Average for the last 50 days of trading for this stock 6.04, while it was recorded at 5.54 for the last single week of trading, and 4.58 for the last 200 days.
Insight into Affimed N.V. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Affimed N.V. [AFMD] shares currently have an operating margin of -152.71. Affimed N.V.’s Net Margin is presently recorded at -151.30.
Return on Total Capital for AFMD is now -74.38, given the latest momentum, and Return on Invested Capital for the company is -78.90. Return on Equity for this stock declined to -81.15, with Return on Assets sitting at -27.98. When it comes to the capital structure of this company, Affimed N.V. [AFMD] has a Total Debt to Total Equity ratio set at 8.24. Additionally, AFMD Total Debt to Total Capital is recorded at 7.61, with Total Debt to Total Assets ending up at 2.84. Long-Term Debt to Equity for the company is recorded at 1.42, with the Long-Term Debt to Total Capital now at 1.31.
Reflecting on the efficiency of the workforce at the company, Affimed N.V. [AFMD] managed to generate an average of -$283,004 per employee. Receivables Turnover for the company is 14.52 with a Total Asset Turnover recorded at a value of 0.18.Affimed N.V.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.20 and a Current Ratio set at 2.20.
AFMD Stock EPS
With the latest financial reports released by the company, Affimed N.V. posted -0.19/share EPS, while the average EPS was predicted by analysts to be reported at -0.19/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AFMD.
Affimed N.V. [AFMD] Insider Position Details
There are presently around $398 million, or 57.10% of AFMD stock, in the hands of institutional investors. The top three institutional holders of AFMD stocks are: NEA MANAGEMENT COMPANY, LLC with ownership of 6,126,488, which is approximately 0% of the company’s market cap and around 6.41% of the total institutional ownership; BLACKROCK INC., holding 5,341,568 shares of the stock with an approximate value of $36.16 million in AFMD stocks shares; and MORGAN STANLEY, currently with $31.5 million in AFMD stock with ownership of nearly 323.338% of the company’s market capitalization.
Positions in Affimed N.V. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 79 institutional holders increased their position in Affimed N.V. [NASDAQ:AFMD] by around 17,327,644 shares. Additionally, 42 investors decreased positions by around 7,223,247 shares, while 7 investors held positions by with 34,168,420 shares. The mentioned changes placed institutional holdings at 58,719,311 shares, according to the latest SEC report filing. AFMD stock had 30 new institutional investments in for a total of 5,150,317 shares, while 7 institutional investors sold positions of 1,174,231 shares during the same period.