Alpha Financial Markets Consulting (LON:AFM) Stock Price Up 17.6%

Alpha Financial Markets Consulting plc (LON:AFM) shares rose 17.6% on Wednesday . The company traded as high as GBX 467 ($5.93) and last traded at GBX 460 ($5.84). Approximately 225,442 shares changed hands during trading, a decline of 35% from the average daily volume of 344,324 shares. The stock had previously closed at GBX 391 ($4.97).

Analysts Set New Price Targets

A number of analysts recently issued reports on AFM shares. Royal Bank of Canada lowered Alpha Financial Markets Consulting to a “sector perform” rating and boosted their price target for the company from GBX 420 ($5.34) to GBX 465 ($5.91) in a report on Thursday, May 2nd. Berenberg Bank reiterated a “buy” rating and issued a GBX 420 ($5.34) target price on shares of Alpha Financial Markets Consulting in a report on Thursday, April 11th.

Alpha Financial Markets Consulting Stock Performance

The company has a debt-to-equity ratio of 9.83, a quick ratio of 1.21 and a current ratio of 1.15. The stock has a market cap of £567.32 million, a PE ratio of 4,133.33 and a beta of 1.00. The firm has a fifty day moving average price of GBX 402.83 and a 200 day moving average price of GBX 374.32.

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.