Affimed N.V [NASDAQ: AFMD] loss -9.85% on the last trading session, reaching $1.19 price per share at the time.
If compared to the average trading volume of 292.76K shares, AFMD reached a trading volume of 290692 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Affimed N.V [AFMD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AFMD shares is $12.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AFMD stock is a recommendation set at 1.29. 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.
H.C. Wainwright have made an estimate for Affimed N.V shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 12, 2022. While these analysts kept the previous recommendation, Stifel dropped their target price from $9 to $2. The new note on the price target was released on October 10, 2022, representing the official price target for Affimed N.V stock.
The Average True Range (ATR) for Affimed N.V is set at 0.18, with the Price to Sales ratio for AFMD stock in the period of the last 12 months amounting to 19.07. The Price to Book ratio for the last quarter was 1.02, with the Price to Cash per share for the same quarter was set at 1.77.
Trading performance analysis for AFMD stock
Affimed N.V [AFMD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by 0.00. With this latest performance, AFMD shares dropped by -48.93% in over the last four-week period, additionally sinking by -76.48% over the last 6 months – not to mention a drop of -82.00% 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 24.60, with the RSI for the last a single of trading hit 25.31, and the three-weeks RSI is set at 25.71 for Affimed N.V [AFMD]. The present Moving Average for the last 50 days of trading for this stock 2.4770, while it was recorded at 1.3160 for the last single week of trading, and 4.2126 for the last 200 days.
Affimed N.V [AFMD]: A deeper dive into fundamental analysis
Affimed N.V’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.93 and a Current Ratio set at 1.93.
