Is Buying Stock In Affimed N.V. (AFMD) A Good Move Today?


Affimed N.V. (NASDAQ:AFMD) saw an upside of 0.86% to close Tuesday at $1.17 after adding $0.01 on the day. The 5-day average trading volume is 2,273,780 shares of the company’s common stock. It has gained $1.2600 in the past week and touched a new high 4 times within the past 5 days. An average of 1,693,120 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,154,532.

AFMD’s 1-month performance is -1.68% or $0.0100 on its low of $1.0400 reached on 01/12/23. The company’s shares have touched a 52-week low of $1.03 and high of $5.10, with the stock’s rally to the 52-week high happening on 01/03/23. YTD, AFMD has lost -5.65% or -$0.0700 and has reached a new high 1 time. However, the current price is down -77.06% from the 52-week high price.

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Valuation Metrics

AFMD stock has a beta of 2.36. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.73 while the price-to-book (PB) in the most recent quarter is 0.89.

Affimed N.V.’s quick ratio for the period ended June 29 was 5.60, with the current ratio over the same period at 5.60. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.07, while the total debt to equity was 0.10. The firm’s gross profit as reported stood at $123.51 million against revenue of $47.76 million.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 28.09% to -$64.43 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected AFMD to announce -$0.17 per share in earnings in its latest quarter, but it posted -$0.13, representing a 23.50% surprise. EBITDA for the quarter stood at more than -$19.02 million. AFMD stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 55.69 million, with total debt at $18.8 million.

Let’s look briefly at Affimed N.V. (AFMD) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 46.27% to suggest the stock is trending Neutral, with historical volatility in this time period at 44.04%.

The stock’s 5-day moving average is $1.1800, reflecting a +1.74% or $0.0200 change from its current price. AFMD is currently trading unch above its 20-day SMA, -56.02% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -44.55% and SMA200 by-75.00%.

Stochastic %K and %D was 50.00% and 49.26% and the average true range (ATR) pointed at 0.0894. The RSI (14) points at 42.47%, while the 14-day stochastic is at 50.00% with the period’s ATR at 0.1019. The stock’s 9-day MACD Oscillator is pointing at 0.0289 and 0.0219 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Affimed N.V. (NASDAQ: AFMD), H.C. Wainwright launched coverage with a Buy rating.


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