Afya (NASDAQ:AFYA) Trading 9.4% Higher

Afya Limited (NASDAQ:AFYA) traded up 9.4% on Thursday . The stock traded as high as $19.42 and last traded at $19.42. 51,921 shares traded hands during trading, a decline of 60% from the average session volume of 129,332 shares. The stock had previously closed at $17.75.

Wall Street Analyst Weigh In

Separately, Morgan Stanley lowered their price target on Afya from $21.00 to $19.00 and set an “equal weight” rating for the company in a report on Friday, June 21st.

Afya Stock Performance

The firm’s fifty day moving average price is $17.31 and its 200-day moving average price is $18.36. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.42. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 17.85, a PEG ratio of 0.46 and a beta of 0.97.

Institutional Trading of Afya

Several institutional investors and hedge funds have recently bought and sold shares of the business. Dodge & Cox raised its position in Afya by 7.0% in the 4th quarter. Dodge & Cox now owns 29,183 shares of the company’s stock valued at $640,000 after purchasing an additional 1,900 shares during the last quarter. Lifestyle Asset Management Inc. raised its position in Afya by 26.9% during the 2nd quarter. Lifestyle Asset Management Inc. now owns 14,784 shares of the company’s stock worth $261,000 after buying an additional 3,133 shares during the last quarter. Renaissance Group LLC increased its holdings in shares of Afya by 6.1% in the 4th quarter. Renaissance Group LLC now owns 149,137 shares of the company’s stock valued at $3,271,000 after purchasing an additional 8,524 shares in the last quarter. Campbell & CO Investment Adviser LLC increased its holdings in shares of Afya by 56.6% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 28,608 shares of the company’s stock valued at $627,000 after purchasing an additional 10,337 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Afya in the 4th quarter valued at about $245,000. Hedge funds and other institutional investors own 88.02% of the company’s stock.

About Afya

Afya Limited, through its subsidiaries, operates as a medical education group in Brazil. The company operates through three segments: Undergrad, Continuing Education, and Digital Services. It offers educational products and services, including medical schools, medical residency preparatory courses, graduate courses, and other programs to lifelong medical learners enrolled across its distribution network, as well as to third-party medical schools.