Affirm Holdings Inc [NASDAQ: AFRM] gained 12.82% on the last trading session, reaching $33.70 price per share at the time.
If compared to the average trading volume of 6.37M shares, AFRM reached a trading volume of 13458688 in the most recent trading day, which is why market watchdogs consider the stock to be active.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Here is what top equities market gurus are saying about Affirm Holdings Inc [AFRM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AFRM shares is $36.80 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AFRM stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Affirm Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Jun-25-24. While these analysts kept the previous recommendation, BTIG Research raised their target price to Neutral. The new note on the price target was released on June 07, 2024, representing the official price target for Affirm Holdings Inc stock. Previously, the target price had yet another raise from $41 to $43, while JP Morgan kept a Overweight rating on AFRM stock.
The Average True Range (ATR) for Affirm Holdings Inc is set at 2.20, with the Price to Sales ratio for AFRM stock in the period of the last 12 months amounting to 4.94. The Price to Book ratio for the last quarter was 3.96, with the Price to Cash per share for the same quarter was set at 7.01. Price to Free Cash Flow for AFRM in the course of the last twelve months was 37.30 with Quick ratio for the last quarter at 14.54.
Trading performance analysis for AFRM stock
Affirm Holdings Inc [AFRM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.06. With this latest performance, AFRM shares gained by 10.09% in over the last four-week period, additionally sinking by -25.95% over the last 6 months – not to mention a rise of 126.33% 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 AFRM stock in for the last two-week period is set at 56.55, with the RSI for the last a single of trading hit 60.70, and the three-weeks RSI is set at 53.87 for Affirm Holdings Inc [AFRM]. The present Moving Average for the last 50 days of trading for this stock 31.82, while it was recorded at 31.01 for the last single week of trading, and 32.66 for the last 200 days.
Affirm Holdings Inc [AFRM]: A deeper dive into fundamental analysis
Affirm Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 14.54 and a Current Ratio set at 14.54.
An analysis of Institutional ownership at Affirm Holdings Inc [AFRM]
The top three institutional holders of AFRM stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in AFRM stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in AFRM stock with ownership which is approximately 5.8386%.
