Alfa Financial Software (LON:ALFA) Reaches New 52-Week High – Still a Buy?

Shares of Alfa Financial Software Holdings PLC (LON:ALFA) reached a new 52-week high during trading on Monday . The company traded as high as GBX 225 ($2.92) and last traded at GBX 220 ($2.85), with a volume of 499057 shares trading hands. The stock had previously closed at GBX 219.87 ($2.85).

Alfa Financial Software Stock Performance

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 firm has a market cap of £649.48 million, a price-to-earnings ratio of 3,142.86, a P/E/G ratio of 4.19 and a beta of 0.08. The stock has a 50 day moving average of GBX 205.01 and a 200 day moving average of GBX 189.55.

Alfa Financial Software Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, September 26th will be issued a GBX 4.20 ($0.05) dividend. This is a boost from Alfa Financial Software’s previous dividend of $1.30. This represents a dividend yield of 2.16%. The ex-dividend date is Thursday, September 26th. Alfa Financial Software’s dividend payout ratio (DPR) is currently 1,428.57%.

Insider Buying and Selling

In other news, insider Matthew White sold 828,551 shares of the firm’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of GBX 212 ($2.75), for a total transaction of £1,756,528.12 ($2,277,951.13). 58.40% of the stock is owned by company insiders.

Alfa Financial Software Company Profile

Alfa Financial Software Holdings PLC, through its subsidiaries, provides software and consultancy services to the auto and equipment finance industry in the United Kingdom, the United States, rest of Europe, the Middle East, Africa, and internationally. It operates through Subscription, Software, and Services segments.