AFYA Stock Summary and Trading Ideas (Afya Limited - Class A Common Shares | NASDAQ:AFYA)

Afya Ltd is a medical education group based in Brazil. Its education portfolio has several courses in addition to Medicine, such as Management, Dentistry, Law, Engineering, Nursing, Psychology, and Accounting Sciences, among others. It has three segments; Undergrad provides educational services through undergraduate courses related to medicine, other health sciences, and other undergraduate programs, Continuing Education provides specialization programs and graduate courses in medicine; and Digital Services provides content and technology for medical education, clinical decisions software, practice management tools (that encompass electronic medical records, telemedicine, and digital prescription, and provides access, demand and efficiency for the healthcare players.

Afya Limited - Class A Common Shares trades on the NASDAQ stock market under the symbol AFYA.

As of April 18, 2024, AFYA stock price declined to $16.03 with 178,603 million shares trading.

AFYA has a beta of 0.94, meaning it tends to be less sensitive to market movements. AFYA has a correlation of 0.08 to the broad based SPY ETF.

AFYA has a market cap of $1.50 billion. This is considered a Small Cap stock.

Last quarter Afya Limited - Class A Common Shares reported $148 million in Revenue and $.36 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.05.

In the last 3 years, AFYA stock traded as high as $28.23 and as low as $8.73.

The top ETF exchange traded funds that AFYA belongs to (by Net Assets): PRFZ, SPEM, EWX, BRF, EMQQ.

AFYA has outperformed the market in the last year with a return of +26.7%, while the SPY ETF gained +22.3%. However, in the most recent history, AFYA shares have underperformed the stock market with its stock returning -26.9% in the last 3 month period and -12.9% for the last 2 week period, while SPY has returned +6.1% and -3.8%, respectively.

AFYA support price is $15.88 and resistance is $16.66 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AFYA stock will trade within this expected range on the day.