Affimed N.V. (NASDAQ:AFMD) currently has a daily average trading volume of 745.08K but it saw 1157421 shares traded on Thursday. With a market cap of 116.86M USD, stock’s current market price of $0.87 came falling about -10.07 while comparing to the previous closing price of $0.97. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.40 and as low as $0.55. In the recent trading on the day, stock has struck highest price mark of $1.0028 while lowest mark touched by it was $0.86.
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Taking a look at 20-day trading activity of Affimed N.V. (AFMD) gives us an average price of $0.9185, while its current price level is -74.31% below from 52-week high level whereas it is 58.74% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8254 while that of 200 days or SMA-200 reads an average of $1.5076. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.80% during that period while stretching the period over a month that decreases to 9.09%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.78 which implies that the stock is in neutral territory.
Affimed N.V. (AFMD)’s stock is currently under the radar of 9 analysts who are in consensus at a 12-month price target range of between $0.93 and $12.06 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $0.93 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $12.06. Average price target assigned by them is $6.08 which highlights an upside potential of 85.69% for the stock over that period. And to attain the median price target of $5.57 assigned by those analysts, stock has to add about 84.38% of value to its current levels.
Data by FactSet Research shows that 9 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 8 analysts suggested the investors to Buy the stock while 1 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Buy for the stock and that issued by Wall Street to investors is Strong Buy.
Over the week, AFMD’s stock price is moving -9.72% down while it is -5.88% when we observe its performance for the past one month. Year-to-date it is -29.56% down and over the past year, the stock is showing a downside performance of -72.01%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of -$0.23 beaten by the consensus estimate of -$0.21 for the same. The company is expected to be releasing its next quarterly report in 08/09/2023, for which analysts forecasted an EPS of -$0.21 while estimate for next year EPS is -$0.83. For AFMD, analysts are forecasting an EPS-growth rate of -27.70% for current year and estimate for EPS growth in next year is 16.90%. In next quarter, company is expected to be making quarterly sales of $5.05 million as analysts are expecting the sales for current fiscal year at $21.03 million and seeing the company making $15.18 million in sales next year. Moreover, analysts are in estimates of $4.77 million for current-quarter revenue.
Currently, Affimed N.V.’s total number of outstanding shares is 149.34M with 4.70% of that held by the insiders while 61.92% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -51.50% and return on equity (ROE) at -53.40%. Stock’s beta reads 2.50. Stock has a price to book (P/B) ratio of 0.79 while price to sale or P/S ratio amounts to 2.63. Its return on asset (ROA) is -38.60% on average.
A filing at the U.S. Securities and Exchange Commission revealed that iShares Russell 2000 ETF came shrinking its share ownership by -1.44% in the Affimed N.V. (AFMD) decreasing its stake to 2.09% with control over 45600.0 shares in the company.
