Alert: Major Price Advance (11/5/24)-Affimed NV (NASDAQ: AFMD).

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On 11/5/24, Affimed NV (NASDAQ: AFMD) stock enjoyed a major increase of 11.9%, closing at $3.66. Moreover, exceptionally high trading volume at 234% of normal accompanied the advance. Relative to the market the stock has been extremely weak over the last nine months but has risen 8.6% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, AFMD is expected to be Value Creation neutral.

Affimed has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Affimed has a poor Appreciation Score of 25 and a poor Power Rating of 16, leading to the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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