Alfa Financial Software (LON:ALFA) Stock Price Down 3.3% – Time to Sell?

Alfa Financial Software Holdings PLC (LON:ALFA) dropped 3.3% on Tuesday . The stock traded as low as GBX 153 and last traded at GBX 153. Approximately 11,813,453 shares traded hands during trading, an increase of 460% from the average daily volume of 2,110,479 shares. The stock had previously closed at GBX 158.20.

Analyst Upgrades and Downgrades

ALFA has been the topic of several analyst reports. Shore Capital Group upgraded Alfa Financial Software to a “buy” rating and set a GBX 270 target price on the stock in a research report on Thursday, April 30th. Canaccord Genuity Group lowered their target price on Alfa Financial Software from GBX 382 to GBX 264 and set a “buy” rating on the stock in a research report on Friday, March 13th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 269.67.

Alfa Financial Software Stock Down 3.3%

The company has a 50-day moving average price of GBX 154.85 and a 200 day moving average price of GBX 184.55. The firm has a market capitalization of £454.81 million, a PE ratio of 15.09, a P/E/G ratio of 4.19 and a beta of 0.22. The company has a debt-to-equity ratio of 17.99, a current ratio of 1.60 and a quick ratio of 1.37.

Alfa Financial Software (LON:ALFA) last announced its quarterly earnings data on Thursday, March 12th. The company reported GBX 10.19 EPS for the quarter. Alfa Financial Software had a return on equity of 58.56% and a net margin of 23.76%. Analysts forecast that Alfa Financial Software Holdings PLC will post 8.7583445 earnings per share for the current year.

Alfa Financial Software Company Profile

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.