Afya (NASDAQ:AFYA) Reaches New 1-Year Low – Here’s Why

Afya Limited (NASDAQ:AFYA)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $15.00 and last traded at $15.08, with a volume of 33547 shares changing hands. The stock had previously closed at $15.33.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on AFYA shares. The Goldman Sachs Group started coverage on shares of Afya in a research note on Tuesday, December 3rd. They set a “sell” rating and a $16.00 price objective for the company. 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 target on the stock.

Afya Stock Up 1.0 %

The company has a debt-to-equity ratio of 0.51, a current ratio of 1.60 and a quick ratio of 1.60. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 11.87, a price-to-earnings-growth ratio of 0.33 and a beta of 0.89. The firm’s 50-day moving average price is $16.55 and its 200-day moving average price is $16.93.

Institutional Investors Weigh In On Afya

A number of large investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio acquired a new stake in Afya during the 3rd quarter valued at approximately $34,000. Quarry LP bought a new stake in shares of Afya in the third quarter worth $75,000. Centiva Capital LP acquired a new stake in Afya in the third quarter valued at $213,000. Quantbot Technologies LP boosted its stake in Afya by 73.8% during the 3rd quarter. Quantbot Technologies LP now owns 13,268 shares of the company’s stock valued at $226,000 after acquiring an additional 5,636 shares during the last quarter. Finally, Lifestyle Asset Management Inc. lifted its position in shares of Afya by 13.3% during the third quarter. Lifestyle Asset Management Inc. now owns 16,753 shares of the company’s stock worth $286,000 after purchasing an additional 1,969 shares during the last quarter. Institutional investors and hedge funds own 88.02% of the company’s stock.

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.