Alpha Financial Markets Consulting (LON:AFM) Shares Up 37.3%

Alpha Financial Markets Consulting plc (LON:AFM - Get Free Report) shares were up 37.3% during trading on Wednesday . The stock traded as high as GBX 459.80 ($5.78) and last traded at GBX 459.80 ($5.78). Approximately 1,304,043 shares traded hands during mid-day trading, an increase of 318% from the average daily volume of 312,285 shares. The stock had previously closed at GBX 335 ($4.21).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 420 ($5.28) price objective on shares of Alpha Financial Markets Consulting in a research report on Thursday, April 11th.

Alpha Financial Markets Consulting Trading Up 38.8 %

The company's fifty day moving average is GBX 339.68 and its 200-day moving average is GBX 357.05. The company has a debt-to-equity ratio of 9.83, a current ratio of 1.15 and a quick ratio of 1.21. The company has a market capitalization of £531.87 million, a PE ratio of 3,867.59 and a beta of 1.02.

Alpha Financial Markets Consulting Company Profile

Alpha Financial Markets Consulting plc provides consulting and related services to the asset and wealth management, and insurance industries in the United Kingdom, North America, Europe, and Asia Pacific. The company offers services in the areas of benchmarking, operations and outsourcing, mergers and acquisitions integrations, investments, regulatory compliance and risk, distribution, digital transformation, investment guidelines, fintech and innovation, ETF and indexing, pension and retail investments, ESG and responsible investments, and insurance.