A major move is in the offing as Affirm Holdings Inc (AFRM) market cap hits 10.01 billion

Affirm Holdings Inc (NASDAQ: AFRM) kicked off on Friday, down -3.49% from the previous trading day, before settling in for the closing price of $33.80. Over the past 52 weeks, AFRM has traded in a range of $8.80-$52.48.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 59.07%. While this was happening, its average annual earnings per share was recorded 28.01%. With a float of $244.04 million, this company’s outstanding shares have now reached $306.87 million.

Considering the fact that the conglomerate employs 2171 people, you should pay attention to its efficiency factor.

Affirm Holdings Inc (AFRM) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Affirm Holdings Inc is 20.47%, while institutional ownership is 69.76%. The most recent insider transaction that took place on Apr 01 ’24, was worth 327,412. In this transaction Director of this company sold 9,276 shares at a rate of $35.30, taking the stock ownership to the 69,276 shares. Before that another transaction happened on Mar 14 ’24, when Company’s Director sold 9,276 for $34.39, making the entire transaction worth $318,970. This insider now owns 78,552 shares in total.

Affirm Holdings Inc (AFRM) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 32.62 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 28.01% per share during the next fiscal year.

Affirm Holdings Inc (NASDAQ: AFRM) Trading Performance Indicators

Take a look at Affirm Holdings Inc’s (AFRM) current performance indicators. Last quarter, stock had a quick ratio of 12.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.23. Likewise, its price to free cash flow for the trailing twelve months is 305.19.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.49, a number that is poised to hit -0.69 in the next quarter and is forecasted to reach -1.71 in one year’s time.

Technical Analysis of Affirm Holdings Inc (AFRM)

Compared to the last year’s volume of 9.91 million, its volume of 4.53 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 29.83%. Additionally, its Average True Range was 2.07.

During the past 100 days, Affirm Holdings Inc’s (AFRM) raw stochastic average was set at 30.17%, which indicates a significant increase from 13.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.87% in the past 14 days, which was lower than the 78.62% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $37.57, while its 200-day Moving Average is $28.95. Nevertheless, the first resistance level for the watch stands at $33.33 in the near term. At $34.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $34.55. If the price goes on to break the first support level at $32.11, it is likely to go to the next support level at $31.61. Should the price break the second support level, the third support level stands at $30.89.

Affirm Holdings Inc (NASDAQ: AFRM) Key Stats

The company with the Market Capitalisation of 10.01 billion has total of 306,874K Shares Outstanding. Its annual sales at the moment are 1,588 M in contrast with the sum of -985,350 K annual income. Company’s last quarter sales were recorded 591,110 K and last quarter income was -166,900 K.