Affimed NV (NASDAQ: AFMD) has reported a loss for its second fiscal quarter (ending June 30) of $-1.07 versus a loss $-0.22 for the same period a year ago. This result exceeded the consensus estimate of $-1.09 by $0.02. E.P.S. were $-5.74 for the latest four quarters through June 30 versus $-0.81 for the same period a year ago.
Recent Price Action
Affimed NV (NASDAQ: AFMD) stock increased 1.1% on 9/5/24. The shares closed at $3.79. Moreover, this advance was accompanied by above average trading volume at 140% of normal. The stock has been weak relative to the market over the last nine months and has declined -9.8% during the last week.
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 inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Affimed has a neutral Power Rating of 42 but a poor Appreciation Score of 16, leading to the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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