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Is Affirm Holdings Inc (AFRM) a good stock to buy now?

Affirm Holdings Inc (NASDAQ: AFRM) is -37.08% lower on its value in year-to-date trading and has touched a low of $8.80 and a high of $52.48 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AFRM stock was last observed hovering at around $31.06 in the last trading session, with the day’s loss setting it -0.14%.

Currently trading at $30.92, the stock is -11.09% and -17.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.8 million and changing -0.45% at the moment leaves the stock 6.51% off its SMA200. AFRM registered 180.07% gain for a year compared to 6-month gain of 71.78%.

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The stock witnessed a -8.28% loss in the last 1 month and extending the period to 3 months gives it a -24.55%, and is -12.58% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.76% over the week and 5.39% over the month.

Affirm Holdings Inc (AFRM) has around 2171 employees, a market worth around $9.49B and $1.91B in sales. Profit margin for the company is -39.19%. Distance from 52-week low is 251.36% and -41.08% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.59%).

The EPS is expected to grow by 28.01% this year.

Affirm Holdings Inc (AFRM) Top Institutional Holders

The shares outstanding are 306.87M, and float is at 244.04M with Short Float at 12.27%.

Affirm Holdings Inc (AFRM) Insider Activity

The most recent transaction is an insider sale by Rabois Keith,the company’sDirector. SEC filings show that Rabois Keith sold 9,276 shares of the company’s common stock on Apr 01 ’24 at a price of $35.30 per share for a total of $0.33 million. Following the sale, the insider now owns 69276.0 shares.

Affirm Holdings Inc disclosed in a document filed with the SEC on Mar 14 ’24 that Rabois Keith (Director) sold a total of 9,276 shares of the company’s common stock. The trade occurred on Mar 14 ’24 and was made at $34.39 per share for $0.32 million. Following the transaction, the insider now directly holds 78552.0 shares of the AFRM stock.

Still, SEC filings show that on Dec 27 ’23, Linford Michael (Chief Financial Officer) disposed off 65,000 shares at an average price of $52.00 for $3.38 million. The insider now directly holds 99,063 shares of Affirm Holdings Inc (AFRM).

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