In yesterday’s Wall Street session, Affirm Holdings Inc (NASDAQ:AFRM) shares traded at $44.00, down -0.14% from the previous session.
AFRM stock price is now 39.91% away from the 50-day moving average and 23.97% away from the 200-day moving average. The market capitalization of the company currently stands at $13.69B.
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With the price target maintained at $36, BofA Securities recently Upgraded its rating from Neutral to Buy for Affirm Holdings Inc (NASDAQ: AFRM). , while ‘Goldman’ rates the stock as ‘Buy’
In other news, Watson Noel Bertram, Director sold 2,500 shares of the company’s stock on Sep 13 ’24. The stock was sold for $106,100 at an average price of $42.44. Upon completion of the transaction, the Director now directly owns 40,982 shares in the company, valued at $1.8 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 16 ’24, Officer KATHERINE ELIZABETH ADKINS bought 135,000 shares of the business’s stock. A total of $5,941,350 was incurred on buying the stock at an average price of $44.01. A total of 19.14% of the company’s stock is owned by insiders.
During the past 12 months, Affirm Holdings Inc has had a low of $15.97 and a high of $52.48. As of last week, the company has a debt-to-equity ratio of 2.36, a current ratio of 4.84, and a quick ratio of 4.84. The fifty day moving average price for AFRM is $31.7649 and a two-hundred day moving average price translates $35.541325 for the stock.
The latest earnings results from Affirm Holdings Inc (NASDAQ: AFRM) was released for 2024-06-30. The net profit margin was -22.29% and return on equity was -19.66% for AFRM. The company reported revenue of $659.18 million for the quarter, compared to $445.82 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 47.86 percent.
