Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Affirm Holdings Inc’s current trading price is -29.50% away from its 52-week high, while its distance from the 52-week low is 320.45%. The stock’s price range during this period has varied between $8.80 and $52.48. The company, active in the Technology sector, saw a trading volume of around 1.9 million for the day, considerably lower average daily volume of 11.52 million observed over the last three months.
Affirm Holdings Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $52.48 on 12/27/23, and the lowest price during the same period was recorded at $8.80 on 05/04/23.
How Financial Performance Impacts Market Capitalization
Affirm Holdings Inc (AFRM) has experienced a quarterly decline of -22.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.35B and boasts a workforce of 2171 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 37.58, with a change in price of +20.10. Similarly, Affirm Holdings Inc recorded 16,267,010 in trading volume during the last 100 days, posting a change of +117.54%.
How AFRM’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for AFRM stands at 2.32. Similarly, the long-term debt-to-equity ratio is also 2.31.
AFRM Stock Stochastic Average
As of today, the raw stochastic average of Affirm Holdings Inc over the past 50 days is 27.08%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 60.36%. Additionally, the Stochastic %K and %D values for the company were 56.76% and 55.43%, respectively, over the past 20 days.
AFRM Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -24.70%.However, over the last six months, we can see a weaker performance of 83.35%. Over the last 30 days, the price of AFRM has fallen by 0.05%. And in the last five days, it has surged by 8.16%.
