The price of Affirm Holdings Inc (NASDAQ:AFRM) shares last traded on Wall Street rose 3.69% to $35.37.
AFRM stock price is now -7.48% away from the 50-day moving average and 23.78% away from the 200-day moving average. The market capitalization of the company currently stands at $10.85B.
On January 10, 2024, BMO Capital Markets recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $44, while ‘Morgan Stanley’ rates the stock as ‘Underweight’
In other news, Rabois Keith, Director sold 9,276 shares of the company’s stock on Apr 01 ’24. The stock was sold for $327,412 at an average price of $35.30. Upon completion of the transaction, the Director now directly owns 69,276 shares in the company, valued at $2.45 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 14 ’24, Director Rabois Keith sold 9,276 shares of the business’s stock. A total of $318,970 was realized by selling the stock at an average price of $34.39. This leaves the insider owning 78,552 shares of the company worth $2.78 million. A total of 20.47% of the company’s stock is owned by insiders.
During the past 12 months, Affirm Holdings Inc has had a low of $8.80 and a high of $52.48. As of last week, the company has a debt-to-equity ratio of 2.32, a current ratio of 12.22, and a quick ratio of 12.22. The fifty day moving average price for AFRM is $38.11 and a two-hundred day moving average price translates $28.68 for the stock.
The latest earnings results from Affirm Holdings Inc (NASDAQ: AFRM) was released for Dec, 2023. According to the Software – Infrastructure Company, earnings per share came in at -$0.54, beating analysts’ expectations of -$0.72 by 0.18. This compares to -$1.10 EPS in the same period last year. The net profit margin was -39.19% and return on equity was -29.17% for AFRM. The company reported revenue of $591.11 million for the quarter, compared to $399.56 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 47.94 percent. For the current quarter, analysts expect AFRM to generate $549.69M in revenue.
