Afya (NASDAQ:AFYA) Reaches New 1-Year Low – What’s Next?

Afya Limited (NASDAQ:AFYA) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $13.00 and last traded at $13.1150, with a volume of 12156 shares traded. The stock had previously closed at $13.42.

Wall Street Analyst Weigh In

A number of analysts have weighed in on AFYA shares. UBS Group restated a “neutral” rating and set a $16.00 price objective (down from $18.00) on shares of Afya in a research note on Friday, January 16th. Sanford C. Bernstein raised shares of Afya to a “market perform” rating in a research report on Friday, January 16th. Bank of America lowered shares of Afya from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $22.00 to $17.00 in a report on Tuesday, February 24th. Zacks Research downgraded Afya from a “hold” rating to a “strong sell” rating in a research note on Friday, January 9th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Afya in a report on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Afya presently has a consensus rating of “Hold” and an average price target of $17.30.

Afya Price Performance

The stock has a market capitalization of $1.26 billion, a P/E ratio of 9.67, a PEG ratio of 0.64 and a beta of 0.52. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a fifty day moving average price of $14.57 and a two-hundred day moving average price of $14.82.

Institutional Investors Weigh In On Afya

A number of large investors have recently made changes to their positions in the company. Daiwa Securities Group Inc. bought a new position in shares of Afya in the 4th quarter worth approximately $43,000. Militia Capital Partners LP purchased a new stake in Afya during the second quarter valued at approximately $71,000. Quantbot Technologies LP bought a new position in Afya in the second quarter worth approximately $117,000. Van ECK Associates Corp boosted its stake in shares of Afya by 15.7% during the 3rd quarter. Van ECK Associates Corp now owns 10,170 shares of the company’s stock worth $159,000 after acquiring an additional 1,377 shares during the last quarter. Finally, State of Wyoming bought a new stake in shares of Afya during the 2nd quarter valued at $164,000. 88.02% of the stock is currently owned by institutional investors.

About Afya

Afya Ltd. operates as a leading provider of medical education and training services in Brazil. The company offers a comprehensive suite of educational programs that span undergraduate medical degrees, residency exam preparation, continuing medical education (CME) and digital learning platforms. Through a network of partner institutions and its own campus operations, Afya supports students at every stage of the medical training continuum, from enrollment in medical schools to ongoing professional development for practicing physicians.

At the core of Afya’s offerings is its undergraduate medical program, delivered through a combination of in-person courses at affiliated campuses and fully digital curricula.