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AFYA - Afya Grows But Faces Brunt Of Pandemic In Brazil
Afya Limited
Quick Take
Afya (AFYA) went public in July 2019, selling 13.7 million shares at $19.00 from the company and selling shareholders.
The firm provides a variety of offline and online education services for the medical profession in Brazil.
AFYA has grown impressively but I don’t share management’s apparent optimism about the schools schedule since the Covid19 pandemic’s effects are rising sharply in Brazil.
My bias on the stock is Neutral until we see a plateau of Covid19 activity in Brazil and are able to develop some visibility into when the firm can commence