Why Affimed N.V. [AFMD] Stock Will Fly to $8.46 Over the Next 12 Months

Affimed N.V. [AFMD] has traded in a range of $1.42 to $5.72 in the last 1 year. As of this writing, the stock is at $6.77, up 20.46%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, AFMD shares are 26.78% up with the monthly amount drift of 85.99% and seems well in a long time frame.

Analyst Birdseye View:

The most recent analyst activity for Affimed N.V. [NASDAQ:AFMD] stock was on August 28, 2018, when it was Upgrade with a Buy rating from Jefferies. On July 14, 2017, SunTrust Initiated a Buy rating and boosted its price target on this stock to $7. On August 12, 2016, Leerink Partners Downgrade a Mkt perform rating. On May 19, 2016, Leerink Partners Downgrade a Mkt perform rating. On December 10, 2015, Laidlaw Initiated a Buy rating and boosted its amount on this stock to $15. On December 04, 2015, Wells Fargo Initiated an Outperform rating. Jefferies elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.42 and a peak of $5.72. Right now, according to Wall Street analyst the average 12-month amount target is $6.60. At the most recent market close, shares of Affimed N.V. [NASDAQ:AFMD] were valued at $6.77. According to the average price forecast, investors can expect a potential return of -32.09%.

FUNDAMENTAL ANALYSIS

Affimed N.V. [NASDAQ:AFMD] most recently reported quarterly sales of 12.32 billion, which represented growth of 400.00%. This publicly-traded organization’s revenue is $187,046 per employee, while its income is -$283,004 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -27.98, -81.15, -74.38 and -78.90 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 7.61 and the whole liability to whole assets at 2.84. It shows enduring liability to the whole principal at 1.31 and enduring liability to assets at 0.00 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 6.09 points at 1st support level, the second support level is making up to 5.40. But as of 1st resistance point, this stock is sitting at 7.26 and at 7.75 for 2nd resistance point.

Affimed N.V. [AFMD] reported its earnings at -$0.08 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.1/share signifying the difference of 0.02 and 20.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$0.19 calling estimates for -$0.16/share with the difference of -0.03 depicting the surprise of -18.80%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Affimed N.V. [NASDAQ:AFMD] is 2.20. Likewise, the Quick ratio is also the same, showing Cash ratio at 2.96. Now if looking for a valuation of this stock’s amount to sales ratio it’s 7.35 and it’s amount to book ratio is 4.81.