Shore Capital Reiterates Buy Rating for Alfa Financial Software (LON:ALFA)

Shore Capital reissued their buy rating on shares of Alfa Financial Software (LON:ALFAFree Report) in a research report report published on Thursday morning,Digital Look reports.

Alfa Financial Software Price Performance

ALFA stock opened at GBX 225.50 ($2.92) on Thursday. The firm has a 50 day moving average of GBX 223.58 and a 200-day moving average of GBX 216.42. 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 firm has a market capitalization of £675.33 million, a P/E ratio of 30.48, a price-to-earnings-growth ratio of 4.19 and a beta of 0.08. Alfa Financial Software has a 12 month low of GBX 160.20 ($2.07) and a 12 month high of GBX 250 ($3.23).

Alfa Financial Software (LON:ALFAGet Free Report) last released its quarterly earnings results on Thursday, March 13th. The company reported GBX 8.68 ($0.11) EPS for the quarter. Alfa Financial Software had a net margin of 21.79% and a return on equity of 51.52%. As a group, 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

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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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