Alfa Financial Software (LON:ALFA) Shares Up 0.5% - Here's Why

Alfa Financial Software Holdings PLC (LON:ALFA - Get Free Report) traded up 0.5% during mid-day trading on Tuesday . The stock traded as high as GBX 221.50 ($3.01) and last traded at GBX 221.50 ($3.01). 149,038 shares changed hands during trading, a decline of 73% from the average session volume of 549,890 shares. The stock had previously closed at GBX 220.50 ($3.00).

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a "buy" rating on shares of Alfa Financial Software in a research report on Tuesday, April 29th.

Alfa Financial Software Price Performance

The company has a current ratio of 1.43, a quick ratio of 1.37 and a debt-to-equity ratio of 20.78. The firm has a market cap of £655.86 million, a P/E ratio of 29.60, a PEG ratio of 4.19 and a beta of 0.08. The firm has a 50-day simple moving average of GBX 233.77 and a 200-day simple moving average of GBX 224.09.

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.