November 20, 2023, Affirm Holdings Inc (NASDAQ: AFRM) trading session started at the price of $24.80, that was 2.70% jump from the session before. During the day, the shares moved up to $25.95 and dropped to $24.04 before settling in for the closing price of $24.79. A 52-week range for AFRM has been $8.62 – $27.16.
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 59.07%. When this article was written, the company’s average yearly earnings per share was at 21.82%. With a float of $224.39 million, this company’s outstanding shares have now reached $237.23 million.
The extent of productivity of a business whose workforce counts for 2171 workers is very important to gauge. In terms of profitability, gross margin is +83.79, operating margin of -52.81, and the pretax margin is -62.30.
Affirm Holdings Inc (AFRM) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Affirm Holdings Inc stocks. The insider ownership of Affirm Holdings Inc is 25.47%, while institutional ownership is 69.57%. The most recent insider transaction that took place on Jul 05, was worth 3,144,215. In this transaction 10% Owner of this company sold 203,905 shares at a rate of $15.42, taking the stock ownership to the 11,887,747 shares. Before that another transaction happened on Apr 03, when Company’s Director sold 17,286 for $11.15, making the entire transaction worth $192,711. This insider now owns 0 shares in total.
Affirm Holdings Inc (AFRM) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted -$0.57 earnings per share (EPS) during the time that was better than consensus figure (set at -$0.7) by $0.13. This company achieved a net margin of -62.05 while generating a return on equity of -38.25. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.68 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 21.82% per share during the next fiscal year.
Affirm Holdings Inc (NASDAQ: AFRM) Trading Performance Indicators
You can see what Affirm Holdings Inc (AFRM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.04, a number that is poised to hit -0.73 in the next quarter and is forecasted to reach -2.05 in one year’s time.
Technical Analysis of Affirm Holdings Inc (AFRM)
The latest stats from [Affirm Holdings Inc, AFRM] show that its last 5-days average volume of 15.86 million was inferior to 16.33 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 67.99%. Additionally, its Average True Range was 1.89.
During the past 100 days, Affirm Holdings Inc’s (AFRM) raw stochastic average was set at 88.17%, which indicates a significant increase from 83.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 113.37% in the past 14 days, which was higher than the 92.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.79, while its 200-day Moving Average is $15.87. Now, the first resistance to watch is $26.26. This is followed by the second major resistance level at $27.06. The third major resistance level sits at $28.17. If the price goes on to break the first support level at $24.35, it is likely to go to the next support level at $23.24. The third support level lies at $22.44 if the price breaches the second support level.
Affirm Holdings Inc (NASDAQ: AFRM) Key Stats
There are 301,734K outstanding shares of the company, which has a market capitalization of 7.67 billion. As of now, sales total 1,588 M while income totals -985,350 K. Its latest quarter income was 496,550 K while its last quarter net income were -171,780 K.