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AFRM Stock Forecast: All the More Reason to Consider Affirm Holdings Inc (AFRM) Now

Affirm Holdings Inc (NASDAQ: AFRM) is -31.95% lower on its value in year-to-date trading and has touched a low of $11.84 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 $32.01 in the last trading session, with the day’s gains setting it 1.43%.

Currently trading at $33.44, the stock is 2.35% and -2.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.67 million and changing 4.47% at the moment leaves the stock 9.03% off its SMA200. AFRM registered 177.05% gain for a year compared to 6-month gain of 49.09%.

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The stock witnessed a 7.66% loss in the last 1 month and extending the period to 3 months gives it a -15.87%, and is -4.18% 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 10.08% over the week and 6.78% over the month.

Affirm Holdings Inc (AFRM) has around 2171 employees, a market worth around $10.19B and $2.11B in sales. Profit margin for the company is -32.17%. Distance from 52-week low is 182.37% and -36.28% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.62%).

The EPS is expected to grow by 38.32% this year.

Affirm Holdings Inc (AFRM) Top Institutional Holders

The shares outstanding are 304.85M, and float is at 244.05M with Short Float at 12.28%.

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 May 01 ’24 at a price of $32.12 per share for a total of $0.3 million. Following the sale, the insider now owns 60000.0 shares.

Affirm Holdings Inc disclosed in a document filed with the SEC on Apr 01 ’24 that Rabois Keith (Director) sold a total of 9,276 shares of the company’s common stock. The trade occurred on Apr 01 ’24 and was made at $35.30 per share for $0.33 million. Following the transaction, the insider now directly holds 69276.0 shares of the AFRM stock.

Still, SEC filings show that on Mar 14 ’24, Rabois Keith (Director) disposed off 9,276 shares at an average price of $34.39 for $0.32 million. The insider now directly holds 78,552 shares of Affirm Holdings Inc (AFRM).

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