Alfa Financial Software (LON:ALFA) Reaches New 12-Month Low – Here’s What Happened

Alfa Financial Software Holdings PLC (LON:ALFAGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 187.10 and last traded at GBX 188.80, with a volume of 504032 shares traded. The stock had previously closed at GBX 204.

Analyst Ratings Changes

A number of research firms have issued reports on ALFA. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 282 target price on shares of Alfa Financial Software in a research note on Monday. Shore Capital restated a “buy” rating and set a GBX 270 price target on shares of Alfa Financial Software in a report on Thursday, January 29th. Finally, Peel Hunt reaffirmed an “add” rating and issued a GBX 275 price objective on shares of Alfa Financial Software in a research note on Thursday, November 13th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of GBX 275.67.

Check Out Our Latest Stock Report on ALFA

Alfa Financial Software Stock Performance

The stock’s 50-day moving average price is GBX 215.06 and its 200 day moving average price is GBX 223.29. The company has a quick ratio of 1.37, a current ratio of 1.43 and a debt-to-equity ratio of 20.78. The company has a market cap of £562.57 million, a P/E ratio of 19.17, a price-to-earnings-growth ratio of 4.19 and a beta of 0.08.

About Alfa Financial Software

(Get Free Report)

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.

Further Reading

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