Alfa Financial Software (LON:ALFA) Announces Earnings Results

Alfa Financial Software (LON:ALFA) issued its quarterly earnings results on Thursday. The company reported GBX 8.68 ($0.11) earnings per share for the quarter, Digital Look Earnings reports. Alfa Financial Software had a return on equity of 51.52% and a net margin of 21.79%.

Alfa Financial Software Stock Down 1.1 %

Shares of ALFA opened at GBX 227.50 ($2.95) on Friday. Alfa Financial Software has a fifty-two week low of GBX 160.20 ($2.08) and a fifty-two week high of GBX 250 ($3.24). The company’s fifty day moving average is GBX 223.23 and its two-hundred day moving average is GBX 215.99. The firm has a market cap of £681.32 million, a PE ratio of 30.75, a price-to-earnings-growth ratio of 4.19 and a beta of 0.08. The company has a quick ratio of 1.37, a current ratio of 1.43 and a debt-to-equity ratio of 20.78.

Wall Street Analysts Forecast Growth

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

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.