Alfa Financial Software (LON:ALFA) Sets New 52-Week Low – Time to Sell?

Alfa Financial Software Holdings PLC (LON:ALFA)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 180 and last traded at GBX 180.78, with a volume of 330162 shares. The stock had previously closed at GBX 193.20.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ALFA shares. Shore Capital Group reiterated a “buy” rating and set a GBX 270 target price on shares of Alfa Financial Software in a research report on Thursday, January 29th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 282 price objective on shares of Alfa Financial Software in a research note on Monday, February 2nd. Finally, Peel Hunt reaffirmed an “add” rating and set a GBX 275 price objective on shares of Alfa Financial Software in a research report on Thursday, November 13th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 275.67.

Alfa Financial Software Trading Down 6.2%

The stock has a fifty day simple moving average of GBX 200.45 and a 200 day simple moving average of GBX 217.34. The firm has a market capitalization of £536.55 million, a P/E ratio of 18.28, a PEG ratio of 4.19 and a beta of 0.08. The company has a quick ratio of 1.37, a current ratio of 1.60 and a debt-to-equity ratio of 18.59.

About Alfa Financial Software

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.