Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Affimed NV (NASDAQ: AFMD) weakened in the last week. AFMD’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
On 4/12/24, Affimed NV (NASDAQ: AFMD) stock declined by -2.7%, closing at $5.75. This decline was accompanied by normal trading volume. Relative to the market the stock has been strong over the last nine months but has declined -12.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, AFMD is expected to continue to be Value Creation neutral.
Affimed has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Affimed has a very low Appreciation Score of 7 but a good Power Rating of 72, producing the Negative Value Trend Rating.
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