Alfa Financial Software (LON:ALFA) Receives “Buy” Rating from Shore Capital

Shore Capital reiterated their buy rating on shares of Alfa Financial Software (LON:ALFA) in a report issued on Thursday,Digital Look reports.

Alfa Financial Software Stock Performance

LON ALFA opened at GBX 227 ($2.94) on Thursday. The company has a fifty day simple moving average of GBX 223.23 and a 200 day simple moving average of GBX 215.99. Alfa Financial Software has a 12-month low of GBX 160.20 ($2.08) and a 12-month high of GBX 250 ($3.24). 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 company has a market cap of £679.82 million, a P/E ratio of 30.68, a PEG ratio of 4.19 and a beta of 0.08.

Alfa Financial Software (LON:ALFA) last posted its quarterly earnings results on Thursday, March 13th. The company reported GBX 8.68 ($0.11) earnings per share (EPS) for the quarter. Alfa Financial Software had a net margin of 21.79% and a return on equity of 51.52%. Sell-side analysts predict that Alfa Financial Software will post 8.7583445 earnings per share for the current fiscal year.

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.