5.69% volatility in Affirm Holdings Inc (AFRM) last month: This is a red flag warning

On Friday, Affirm Holdings Inc (NASDAQ: AFRM) opened lower -0.90% from the last session, before settling in for the closing price of $30.14. Price fluctuations for AFRM have ranged from $12.81 to $52.48 over the past 52 weeks.

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Annual sales at Technology sector company grew by 59.07% over the past five years. Company’s average yearly earnings per share was noted 38.84% at the time writing. With a float of $248.94 million, this company’s outstanding shares have now reached $309.12 million.

Let’s look at the performance matrix of the company that is accounted for 2171 employees.

Affirm Holdings Inc (AFRM) Insider Updates

A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of Affirm Holdings Inc is 19.69%, while institutional ownership is 69.60%. The most recent insider transaction that took place on Jun 03 ’24, was worth 267,399. In this transaction Director of this company sold 9,276 shares at a rate of $28.83, taking the stock ownership to the 82,899 shares. Before that another transaction happened on May 01 ’24, when Company’s Director sold 9,276 for $32.12, making the entire transaction worth $297,902. This insider now owns 60,000 shares in total.

Affirm Holdings Inc (AFRM) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 3/31/2024, the company posted -0.69 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.85) by 0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.47 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 38.84% per share during the next fiscal year.

Affirm Holdings Inc (NASDAQ: AFRM) Trading Performance Indicators

Check out the current performance indicators for Affirm Holdings Inc (AFRM). In the past quarter, the stock posted a quick ratio of 14.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.38. Likewise, its price to free cash flow for the trailing twelve months is 33.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.22, a number that is poised to hit -0.50 in the next quarter and is forecasted to reach -1.70 in one year’s time.

Technical Analysis of Affirm Holdings Inc (AFRM)

Affirm Holdings Inc (NASDAQ: AFRM) saw its 5-day average volume 7.16 million, a negative change from its year-to-date volume of 8.66 million. As of the previous 9 days, the stock’s Stochastic %D was 7.84%. Additionally, its Average True Range was 2.05.

During the past 100 days, Affirm Holdings Inc’s (AFRM) raw stochastic average was set at 6.85%, which indicates a significant decrease from 12.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.21% in the past 14 days, which was lower than the 73.31% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $31.83, while its 200-day Moving Average is $32.60. Nevertheless, the first resistance level for the watch stands at $30.33 in the near term. At $30.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.24. If the price goes on to break the first support level at $29.42, it is likely to go to the next support level at $28.97. Assuming the price breaks the second support level, the third support level stands at $28.51.

Affirm Holdings Inc (NASDAQ: AFRM) Key Stats

There are currently 309,125K shares outstanding in the company with a market cap of 9.23 billion. Presently, the company’s annual sales total 1,588 M according to its annual income of -985,350 K. Last quarter, the company’s sales amounted to 576,160 K and its income totaled -133,940 K.