Alfa Financial Software Holdings PLC (LON:ALFA - Get Free Report) shares fell 4.1% during trading on Friday . The company traded as low as GBX 209 ($2.67) and last traded at GBX 210 ($2.68). 3,844,824 shares were traded during trading, an increase of 469% from the average session volume of 676,142 shares. The stock had previously closed at GBX 219 ($2.80).
Analysts Set New Price Targets
Separately, Shore Capital reiterated a "buy" rating on shares of Alfa Financial Software in a research report on Thursday, March 13th.
Read Our Latest Stock Analysis on Alfa Financial Software
Alfa Financial Software Price Performance
The firm's 50 day simple moving average is GBX 228.44 and its two-hundred day simple moving average is GBX 217.87. The company has a debt-to-equity ratio of 20.78, a current ratio of 1.43 and a quick ratio of 1.37. The firm has a market capitalization of £583.99 million, a P/E ratio of 26.36, a P/E/G ratio of 4.19 and a beta of 0.08.
Alfa Financial Software (LON:ALFA - Get Free Report) last announced 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 return on equity of 51.52% and a net margin of 21.79%. As a group, analysts predict that Alfa Financial Software Holdings PLC will post 8.7583445 earnings per share for the current year.
Alfa Financial Software Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, June 27th. Stockholders of record on Thursday, May 29th will be issued a dividend of GBX 2.40 ($0.03) per share. This represents a dividend yield of 1.07%. The ex-dividend date is Thursday, May 29th. Alfa Financial Software's payout ratio is 13.52%.
About Alfa Financial Software
(
Get Free Report)
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.
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