Alfa Financial Software (LON:ALFA) Hits New 12-Month Low – What’s Next?

Alfa Financial Software Holdings PLC (LON:ALFA) hit a new 52-week low on Thursday . The company traded as low as GBX 186.50 and last traded at GBX 188.64, with a volume of 469400 shares traded. The stock had previously closed at GBX 190.20.

Analysts Set New Price Targets

Several research firms have issued reports on ALFA. Shore Capital Group restated a “buy” rating and set a GBX 270 target price on shares of Alfa Financial Software in a research note on Thursday, January 29th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 282 target price on shares of Alfa Financial Software in a report on Monday, February 2nd. Finally, Peel Hunt restated an “add” rating and issued a GBX 275 price target on shares of Alfa Financial Software in a research note on Thursday, November 13th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 275.67.

Alfa Financial Software Trading Up 0.3%

The stock has a market cap of £564.98 million, a PE ratio of 19.25, a PEG ratio of 4.19 and a beta of 0.08. The company has a debt-to-equity ratio of 20.78, a quick ratio of 1.37 and a current ratio of 1.43. The stock has a fifty day moving average price of GBX 211.53 and a 200 day moving average price of GBX 222.14.

Alfa Financial Software Company Profile

Alfa has been delivering leading-edge technology to the global asset finance and leasing industry since 1990. Our specialised expertise enables us to deliver the most challenging systems transformation projects successfully.

Alfa Systems, our class-leading SaaS platform, is at the heart of the world’s largest and most progressive asset finance operations. Supporting all types of automotive, equipment and wholesale finance, Alfa Systems is proven at volume and across borders, and trusted by leading brands to manage complex portfolios, drive efficiency and sustainability, and enhance the customer experience.

With full functionality for originations, servicing and collections, Alfa Systems is live in 37 countries, representing an integrated point solution, a rapid off-the-shelf implementation, or an end-to-end platform for the complex global enterprise.