Alfa Financial Software (LON:ALFA) Stock Price Up 0.7% - Time to Buy?

Key Points

• Alfa Financial Software's stock price rose 0.7% to GBX 228 ($3.05) amidst a significant decline in trading volume, down 88% from its average.
• Analysts are positive on the stock, with Canaccord Genuity and Shore Capital issuing a "buy" rating and price targets of GBX 282 and GBX 270, respectively.
• The company reported an EPS of GBX 5.38 with a notable net margin of 21.79% and a return on equity of 51.52%.

Alfa Financial Software Holdings PLC (LON:ALFA - Get Free Report)'s stock price rose 0.7% during trading on Tuesday . The stock traded as high as GBX 229.50 ($3.07) and last traded at GBX 228 ($3.05). Approximately 64,866 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 524,555 shares. The stock had previously closed at GBX 226.50 ($3.03).

Analyst Upgrades and Downgrades

ALFA has been the subject of several analyst reports. Canaccord Genuity Group initiated coverage on shares of Alfa Financial Software in a research note on Thursday, August 21st. They issued a "buy" rating and a GBX 282 price objective for the company. Shore Capital reiterated a "buy" rating and issued a GBX 270 price objective on shares of Alfa Financial Software in a research note on Thursday, September 4th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, Alfa Financial Software has an average rating of "Buy" and a consensus target price of GBX 276.

Alfa Financial Software Stock Up 0.7%

The stock's 50-day moving average price is GBX 230.80 and its two-hundred day moving average price is GBX 227.30. The stock has a market capitalization of £675.04 million, a P/E ratio of 23.01, a P/E/G ratio of 4.19 and a beta of 0.08. The company has a current ratio of 1.43, a quick ratio of 1.37 and a debt-to-equity ratio of 20.78.

Alfa Financial Software (LON:ALFA - Get Free Report) last released its earnings results on Thursday, September 4th. The company reported GBX 5.38 earnings per share for the quarter. Alfa Financial Software had a net margin of 21.79% and a return on equity of 51.52%. As a group, research analysts expect that Alfa Financial Software Holdings PLC will post 8.7583445 earnings per share for the current fiscal 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.

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