Affirm Holdings Inc (NASDAQ: AFRM) on Monday, soared 3.49% from the previous trading day, before settling in for the closing price of $40.70. Within the past 52 weeks, AFRM’s price has moved between $16.38 and $52.48.
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Technology Sector giant saw their annual sales surged by 56.51% over the last five years. The company achieved an average annual earnings per share of 62.90%. With a float of $251.62 million, this company’s outstanding shares have now reached $267.31 million.
The firm has a total of 2006 workers. Let’s measure their productivity. In terms of profitability, gross margin is 74.34%, operating margin of -14.34%, and the pretax margin is -22.19%.
Affirm Holdings Inc (AFRM) Insider Activity
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of Affirm Holdings Inc is 19.12%, while institutional ownership is 67.75%. The most recent insider transaction that took place on Sep 18 ’24, was worth 3,704,228. In this transaction Chief Legal Officer of this company sold 82,316 shares at a rate of $45.00, taking the stock ownership to the 91,499 shares. Before that another transaction happened on Sep 17 ’24, when Company’s Chief Legal Officer sold 46,600 for $45.00, making the entire transaction worth $2,097,061. This insider now owns 122,069 shares in total.
Affirm Holdings Inc (AFRM) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 62.90% per share during the next fiscal year.
Affirm Holdings Inc (NASDAQ: AFRM) Trading Performance Indicators
Affirm Holdings Inc (AFRM) is currently performing well based on its current performance indicators. A quick ratio of 4.84 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.64. Likewise, its price to free cash flow for the trailing twelve months is 45.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.68, a number that is poised to hit -0.32 in the next quarter and is forecasted to reach 0.67 in one year’s time.
Technical Analysis of Affirm Holdings Inc (AFRM)
Analysing the last 5-days average volume posted by the [Affirm Holdings Inc, AFRM], we can find that recorded value of 6.39 million was lower than the volume posted last year of 8.72 million. As of the previous 9 days, the stock’s Stochastic %D was 9.14%. Additionally, its Average True Range was 2.54.
During the past 100 days, Affirm Holdings Inc’s (AFRM) raw stochastic average was set at 71.37%, which indicates a significant increase from 15.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.33% in the past 14 days, which was lower than the 77.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.55, while its 200-day Moving Average is $35.41. Now, the first resistance to watch is $43.27. This is followed by the second major resistance level at $44.43. The third major resistance level sits at $45.31. If the price goes on to break the first support level at $41.23, it is likely to go to the next support level at $40.35. Should the price break the second support level, the third support level stands at $39.19.
Affirm Holdings Inc (NASDAQ: AFRM) Key Stats
Market capitalization of the company is 13.10 billion based on 309,125K outstanding shares. Right now, sales total 2,323 M and income totals -517,760 K. The company made 659,190 K in profit during its latest quarter, and -45,140 K in sales during its previous quarter.
