Berenberg Bank started coverage on shares of Alpha Financial Markets Consulting (LON:AFM) in a research report sent to investors on Thursday morning, ThisIsMoney.Co.Uk reports. The brokerage issued a buy rating on the stock.
AFM opened at GBX 207 ($2.70) on Thursday. Alpha Financial Markets Consulting has a fifty-two week low of GBX 200.30 ($2.62) and a fifty-two week high of GBX 274 ($3.58). The company has a market cap of $213.67 million and a price-to-earnings ratio of 23.52. The stock’s 50 day simple moving average is GBX 226.04.
The company also recently disclosed a dividend, which will be paid on Wednesday, September 11th. Stockholders of record on Thursday, August 29th will be paid a GBX 4.09 ($0.05) dividend. This is a positive change from Alpha Financial Markets Consulting’s previous dividend of $1.91. This represents a dividend yield of 1.75%. The ex-dividend date of this dividend is Thursday, August 29th. Alpha Financial Markets Consulting’s dividend payout ratio is currently 0.68%.
Alpha Financial Markets Consulting plc provides consulting services to the asset and wealth management industries in the United Kingdom, the United States, Europe, and Asia. The company offers services in the areas of mergers and acquisitions consulting, operations and outsourcing, front office IT, enterprise IT, customer relationship management and distribution, digital transformation, client service and reporting, compliance and regulation, data management, and product development.
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