Advanced Flower Capital Inc (AFCG) average volume reaches $168.01K: Is Wall Street expecting a rally?

Advanced Flower Capital Inc (NASDAQ: AFCG) kicked off on Friday, down -7.81% from the previous trading day, before settling in for the closing price of $8.58. Over the past 52 weeks, AFCG has traded in a range of $7.36-$10.88.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Real Estate Sector giant was 228.84%. While this was happening, its average annual earnings per share was recorded 17.16%. With a float of $17.74 million, this company’s outstanding shares have now reached $21.88 million.

In terms of profitability, gross margin is 81.31%, operating margin of 30.13%, and the pretax margin is 16.68%.

Advanced Flower Capital Inc (AFCG) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the REIT – Mortgage Industry. The insider ownership of Advanced Flower Capital Inc is 19.19%, while institutional ownership is 32.24%. The most recent insider transaction that took place on Jun 05 ’24, was worth 378,840. In this transaction Executive Chairman; CIO of this company bought 31,335 shares at a rate of $12.09, taking the stock ownership to the 3,775,973 shares. Before that another transaction happened on Jun 06 ’24, when Company’s Executive Chairman; CIO bought 30,000 for $11.95, making the entire transaction worth $358,500. This insider now owns 159,217 shares in total.

Advanced Flower Capital Inc (AFCG) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 17.16% per share during the next fiscal year.

Advanced Flower Capital Inc (NASDAQ: AFCG) Trading Performance Indicators

Take a look at Advanced Flower Capital Inc’s (AFCG) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.71. Likewise, its price to free cash flow for the trailing twelve months is 6.79.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.40, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.59 in one year’s time.

Technical Analysis of Advanced Flower Capital Inc (AFCG)

Looking closely at Advanced Flower Capital Inc (NASDAQ: AFCG), its last 5-days average volume was 0.32 million, which is a jump from its year-to-date volume of 0.18 million. As of the previous 9 days, the stock’s Stochastic %D was 32.81%. Additionally, its Average True Range was 0.24.

During the past 100 days, Advanced Flower Capital Inc’s (AFCG) raw stochastic average was set at 3.79%, which indicates a significant decrease from 10.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.85% in the past 14 days, which was higher than the 28.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $8.61, while its 200-day Moving Average is $10.02. However, in the short run, Advanced Flower Capital Inc’s stock first resistance to watch stands at $8.45. Second resistance stands at $9.00. The third major resistance level sits at $9.32. If the price goes on to break the first support level at $7.58, it is likely to go to the next support level at $7.26. Should the price break the second support level, the third support level stands at $6.71.

Advanced Flower Capital Inc (NASDAQ: AFCG) Key Stats

The company with the Market Capitalisation of 173.65 million has total of 21,953K Shares Outstanding. Its annual sales at the moment are 64,180 K in contrast with the sum of 20,950 K annual income. Company’s last quarter sales were recorded 8,880 K and last quarter income was 1,380 K.