Alfa Financial Software (LON:ALFA) Trading Up 0.5% – What’s Next?

Alfa Financial Software Holdings PLC (LON:ALFA) shares rose 0.5% on Friday . The company traded as high as GBX 212.50 and last traded at GBX 212. Approximately 440,235 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 919,873 shares. The stock had previously closed at GBX 211.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ALFA. Shore Capital reissued a “buy” rating and issued a GBX 270 price target on shares of Alfa Financial Software in a research note on Thursday, November 13th. Peel Hunt reaffirmed an “add” rating and set a GBX 275 price target on shares of Alfa Financial Software in a research report on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Alfa Financial Software has a consensus rating of “Buy” and an average price target of GBX 275.67.

Alfa Financial Software Trading Up 0.5%

The company has a market cap of £627.71 million, a P/E ratio of 21.39, a P/E/G ratio of 4.19 and a beta of 0.08. The business’s 50-day moving average price is GBX 217.83 and its 200 day moving average price is GBX 224.07. The company has a debt-to-equity ratio of 20.78, a quick ratio of 1.37 and a current ratio of 1.43.

Alfa Financial Software Company Profile

Alfa has been delivering leading-edge technology to the global asset finance and leasing industry since 1990. Our specialised expertise enables us to deliver the most challenging systems transformation projects successfully.

Alfa Systems, our class-leading SaaS platform, is at the heart of the world’s largest and most progressive asset finance operations. Supporting all types of automotive, equipment and wholesale finance, Alfa Systems is proven at volume and across borders, and trusted by leading brands to manage complex portfolios, drive efficiency and sustainability, and enhance the customer experience.

With full functionality for originations, servicing and collections, Alfa Systems is live in 37 countries, representing an integrated point solution, a rapid off-the-shelf implementation, or an end-to-end platform for the complex global enterprise.