American Finance Trust Inc. (NASDAQ:AFIN) went down by -2.70% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the REIT – Diversified giant went up by $7.93 to trade ended Thursday trading at $8.15. This is down from the $8.15 price recorded on Wednesday’s trading session. Thanks to this latest performance, AFIN is closer to the higher price 52-week target of $13.00 and further from the lowest price target of $7.50. Its performance from the start of the year has also been negative, with AFIN down by -40.20% year-to-date.
American Finance Trust Inc. (AFIN) started the day trading at $8.35 and recorded an intraday high of $8.49. It also recorded an intraday low of $7.88 during Thursday’s trading session. American Finance Trust Inc. is a very active stock that recorded a trading volume that is less than -67.46% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 347572, which is less than -67.46 of the total average daily trading volume of 582.04K.
American Finance Trust Inc. (NASDAQ:AFIN) 2020 Performance Impressive
The increase in AFIN’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of AFIN currently stands at $15.18, which is higher than the current trading price of the stock by 47.76%. However, AFIN’s current trading price is -88.81% lower than the 52-week low price of $4.20. In terms of trading volume, American Finance Trust Inc. currently experienced healthy participation during the last trading session. 347572 shares of American Finance Trust Inc. were traded on the stock exchange on Thursday, which is less than -67.46% of the 582.04K average trading volume of the stock.
The performance of the stock has been positive over the past year. AFIN’s performance over the past one year has seen it plunge by -29.45%, while the stock has gone down by -37.85% in the last six months. The quarterly performance of AFIN currently stands at 49.91%, and it is down by -9.06% in the last month. The only positive figure was from the weekly performance, which currently reads 5.45%. At the time of writing AFIN’s report, the company has a total market cap of $852.63M, making it one of the largest publicly-traded companies in the world.
AFIN Insider Activities
For American Finance Trust Inc., insiders hold 47.20% of all company shares. The insider transactions over the past six months are up by 14.50%. During that period, insiders bought 52,468 shares in 4 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at American Finance Trust Inc. now hold 415.24k shares, which is over 46.59% of the total company stocks. Institutional investors currently hold a large chunk of the AFIN shares, as they control 0.38% of the company’s total stock.
AFIN Fundamental Analysis
For American Finance Trust Inc., the stock’s diluted earnings per share (EPS) stands at -0.08. The stock’s EPS growth this year is 91.80%, -9.10% in the previous five years. In terms of revenue, American Finance Trust Inc.’s quarterly sales (YOY) is growing at 0.26, which is higher than the average annual revenue of -9.10% over the past half a decade.
The Return on Investment (ROI) on American Finance Trust Inc.’s stock currently stands at 1.60%, and it has a net profit margin of -3.00%. The operating margin of the company is 18.90%, and its gross margin is 74.00%.
AFIN Analysts Prediction
In March 26, 2020, several analysts reiterated their positions on the American Finance Trust Inc. stock and predicted its performance to their investors. The analysts at B. Riley FBR believe AFIN is still a Buy and set the price target between $13 and $11.
AFIN Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of AFIN currently stands at -4.60%, while the SMA50 is 3.53%. The biggest one is the SMA200, which is currently reading -28.34% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 49.57.