Afya (NASDAQ:AFYA) Reaches New 52-Week Low – What’s Next?

Afya Limited (NASDAQ:AFYA)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $15.53 and last traded at $15.53, with a volume of 12921 shares traded. The stock had previously closed at $17.30.

Analyst Upgrades and Downgrades

Separately, UBS Group started coverage on shares of Afya in a report on Friday, August 30th. They issued a “neutral” rating and a $19.50 price target on the stock.

Afya Trading Down 1.0 %

The company has a market cap of $1.50 billion, a P/E ratio of 12.91, a P/E/G ratio of 0.36 and a beta of 0.91. The business has a fifty day simple moving average of $16.75 and a 200 day simple moving average of $17.27. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.47 and a current ratio of 1.47.

Afya (NASDAQ:AFYA) last announced its quarterly earnings data on Thursday, August 15th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.06. The firm had revenue of $155.40 million for the quarter, compared to analysts’ expectations of $151.83 million. Afya had a return on equity of 19.08% and a net margin of 18.42%. Analysts anticipate that Afya Limited will post 1.52 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AFYA. Public Employees Retirement System of Ohio bought a new stake in shares of Afya during the 3rd quarter valued at about $34,000. State Street Corp grew its holdings in shares of Afya by 118.2% during the third quarter. State Street Corp now owns 73,098 shares of the company’s stock valued at $1,248,000 after purchasing an additional 39,592 shares during the last quarter. Quarry LP acquired a new stake in shares of Afya during the 3rd quarter worth approximately $75,000. Point72 Asset Management L.P. bought a new stake in shares of Afya in the 3rd quarter worth approximately $842,000. Finally, Centiva Capital LP acquired a new position in Afya during the 3rd quarter valued at approximately $213,000. 88.02% of the stock is currently owned by institutional investors.

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.