Alfa Financial Software (LON:ALFA) Stock Price Down 4.1% – What’s Next?

Shares of Alfa Financial Software Holdings PLC (LON:ALFA) were down 4.1% during mid-day trading on Friday . The company traded as low as GBX 209 ($2.70) and last traded at GBX 210 ($2.71). Approximately 3,844,824 shares were traded during trading, an increase of 469% from the average daily volume of 676,142 shares. The stock had previously closed at GBX 219 ($2.82).

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of Alfa Financial Software in a report on Thursday, March 13th.

Alfa Financial Software Stock Performance

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 stock has a market cap of £628.91 million, a P/E ratio of 28.39, a price-to-earnings-growth ratio of 4.19 and a beta of 0.08. The company has a 50 day simple moving average of GBX 228.74 and a 200-day simple moving average of GBX 218.03.

Alfa Financial Software (LON:ALFA) last announced its quarterly earnings data 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%. On average, equities analysts expect that Alfa Financial Software Holdings PLC will post 8.7583445 earnings per share for the current fiscal year.

Alfa Financial Software Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, May 29th will be issued a GBX 2.40 ($0.03) dividend. The ex-dividend date is Thursday, May 29th. This represents a yield of 1.07%. Alfa Financial Software’s dividend payout ratio (DPR) is 13.52%.

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.