Alfa Financial Software (LON:ALFA) Reaches New 12-Month High – What’s Next?

Alfa Financial Software Holdings PLC (LON:ALFA) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 240 ($2.99) and last traded at GBX 239.50 ($2.98), with a volume of 750389 shares trading hands. The stock had previously closed at GBX 237.50 ($2.96).

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of Alfa Financial Software in a research note on Thursday, January 30th.

Alfa Financial Software Trading Up 1.1 %

The stock has a market cap of £708.53 million, a P/E ratio of 3,428.57, a PEG ratio of 4.19 and a beta of 0.08. The business’s 50 day simple moving average is GBX 214.31 and its 200 day simple moving average is GBX 208.79. The company has a debt-to-equity ratio of 20.78, a current ratio of 1.43 and a quick ratio of 1.37.

Alfa Financial Software Company Profile

Alfa has been delivering software systems and consultancy services to the global asset and automotive finance industry since 1990. Our best practice methodologies and specialised knowledge of asset finance facilitates delivery of large software implementations and highly complex business change projects.