Afya (NASDAQ:AFYA) Sets New 1-Year Low – Should You Sell?

Afya Limited (NASDAQ:AFYA)’s share 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 trading hands. The stock had previously closed at $17.30.

Wall Street Analyst Weigh In

Separately, UBS Group began coverage on shares of Afya in a research note on Friday, August 30th. They set a “neutral” rating and a $19.50 price objective for the company.

Afya Price Performance

The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 12.97, a price-to-earnings-growth ratio of 0.36 and a beta of 0.91. The stock’s 50 day moving average price is $16.77 and its two-hundred day moving average price is $17.29. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.40.

Afya (NASDAQ:AFYA) last issued its quarterly earnings data on Thursday, August 15th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.06. The business had revenue of $155.40 million during the quarter, compared to analysts’ expectations of $151.83 million. Afya had a return on equity of 18.82% and a net margin of 18.12%. Equities research analysts forecast that Afya Limited will post 1.52 EPS for the current fiscal year.

Institutional Trading of Afya

A number of hedge funds have recently added to or reduced their stakes in the company. Quantbot Technologies LP boosted its stake in shares of Afya by 73.8% during the 3rd quarter. Quantbot Technologies LP now owns 13,268 shares of the company’s stock worth $226,000 after acquiring an additional 5,636 shares in the last quarter. Lifestyle Asset Management Inc. grew its holdings in Afya by 26.9% in the second quarter. Lifestyle Asset Management Inc. now owns 14,784 shares of the company’s stock valued at $261,000 after purchasing an additional 3,133 shares during the period. DekaBank Deutsche Girozentrale purchased a new stake in shares of Afya in the third quarter valued at approximately $417,000. Cubist Systematic Strategies LLC raised its stake in shares of Afya by 136.9% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 35,254 shares of the company’s stock worth $622,000 after buying an additional 20,370 shares during the period. Finally, Renaissance Technologies LLC lifted its position in shares of Afya by 19.7% during the 2nd quarter. Renaissance Technologies LLC now owns 266,500 shares of the company’s stock valued at $4,704,000 after buying an additional 43,800 shares in the last quarter. 88.02% of the stock is owned by hedge funds and other institutional investors.

Afya Company Profile

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.