Alert: Major Price Advance (4/1/24)-Affimed NV (NASDAQ: AFMD).


On 4/1/24, Affimed NV (NASDAQ: AFMD) stock enjoyed a major increase of 19.8%, closing at $6.35. Moreover, exceptionally high trading volume at 264% of normal accompanied the advance. The stock has risen 26.0% during the last week and has performed in line with the market over the last nine months.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, AFMD is expected to continue to be a modest Value Eraser.

Affimed has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Affimed has a neutral Power Rating of 52 and a slightly positive Appreciation Score of 68, triggering the High Neutral Value Trend Rating.

Rating Review

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

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