AFC Gamma, Inc. (NASDAQ:AFCG – Get Free Report) insider Robyn Tannenbaum purchased 4,000 shares of the stock in a transaction dated Friday, March 14th. The stock was bought at an average cost of $6.25 per share, with a total value of $25,000.00. Following the transaction, the insider now owns 117,667 shares in the company, valued at $735,418.75. The trade was a 3.52 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Robyn Tannenbaum also recently made the following trade(s):
- On Monday, March 17th, Robyn Tannenbaum purchased 4,000 shares of AFC Gamma stock. The stock was bought at an average cost of $6.17 per share, with a total value of $24,680.00.
AFC Gamma Price Performance
NASDAQ AFCG opened at $6.30 on Tuesday. AFC Gamma, Inc. has a one year low of $6.08 and a one year high of $13.28. The stock has a 50-day moving average of $8.30 and a 200 day moving average of $9.24. The company has a market capitalization of $138.30 million, a price-to-earnings ratio of 15.75 and a beta of 1.03. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.92 and a current ratio of 3.92.
Institutional Investors Weigh In On AFC Gamma
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on AFCG shares. JMP Securities reaffirmed a “market perform” rating on shares of AFC Gamma in a research report on Thursday, January 23rd. Jefferies Financial Group lowered AFC Gamma from a “buy” rating to a “hold” rating and lowered their price target for the stock from $10.00 to $7.00 in a research report on Friday. Finally, Alliance Global Partners assumed coverage on AFC Gamma in a report on Tuesday, December 17th. They issued a “buy” rating and a $13.00 price objective for the company. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $9.67.
View Our Latest Analysis on AFC Gamma
AFC Gamma Company Profile
AFC Gamma, Inc originates, structures, underwrites, and invests in senior secured loans, and other various commercial real estate loans and debt securities for established companies operating in the cannabis industry. It primarily originates loans structured as senior loans secured by real estate, equipment, and licenses and/or other assets of the loan parties to the extent permitted by applicable laws and the regulations governing such loan parties.
See Also
- Five stocks we like better than AFC Gamma
- 3 Warren Buffett Stocks to Buy Now
- Can TikTok Stock Picks Really Make You Rich?
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- The “Quality” Rotation: Back to Basics Investing
- Investing In Automotive Stocks
- Occidental Petroleum: 4 Reasons to Love These Prices
Receive News & Ratings for AFC Gamma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AFC Gamma and related companies with MarketBeat.com's FREE daily email newsletter.