Afya (NASDAQ:AFYA) Reaches New 12-Month Low – Time to Sell?

Afya Limited (NASDAQ:AFYA) shares reached a new 52-week low on Friday . The company traded as low as $13.41 and last traded at $13.49, with a volume of 26084 shares changing hands. The stock had previously closed at $14.39.

Analyst Ratings Changes

A number of research firms have recently commented on AFYA. Sanford C. Bernstein upgraded Afya to a “market perform” rating in a research report on Friday. Wall Street Zen upgraded Afya from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 10th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $22.00 target price (down from $24.50) on shares of Afya in a research note on Wednesday, January 7th. Zacks Research cut shares of 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, October 8th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Afya has a consensus rating of “Hold” and a consensus target price of $17.38.

Afya Stock Down 5.0%

The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.21. The business has a fifty day simple moving average of $14.79 and a two-hundred day simple moving average of $15.06. The company has a market cap of $1.28 billion, a PE ratio of 9.83, a price-to-earnings-growth ratio of 0.54 and a beta of 0.53.

Institutional Trading of Afya

A number of hedge funds have recently bought and sold shares of AFYA. Goldman Sachs Group Inc. lifted its stake in Afya by 167.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 45,093 shares of the company’s stock worth $809,000 after purchasing an additional 28,226 shares in the last quarter. Perpetual Ltd lifted its position in Afya by 1.8% during the second quarter. Perpetual Ltd now owns 151,180 shares of the company’s stock worth $2,700,000 after buying an additional 2,730 shares in the last quarter. R Squared Ltd purchased a new position in Afya during the second quarter worth approximately $264,000. Carrera Capital Advisors acquired a new position in Afya during the second quarter worth $1,750,000. Finally, Campbell & CO Investment Adviser LLC grew its holdings in Afya by 31.5% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 51,340 shares of the company’s stock valued at $917,000 after buying an additional 12,286 shares in the last quarter. Institutional investors and hedge funds own 88.02% of the company’s stock.

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.