Alfa Financial Software (LON:ALFA) Stock Price Down 3.3% – Time to Sell?

Shares of Alfa Financial Software Holdings PLC (LON:ALFA) fell 3.3% on Tuesday . The stock traded as low as GBX 153 and last traded at GBX 153. 11,813,453 shares changed hands during mid-day trading, an increase of 460% from the average session volume of 2,110,479 shares. The stock had previously closed at GBX 158.20.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ALFA. Canaccord Genuity Group decreased their price target on Alfa Financial Software from GBX 382 to GBX 264 and set a “buy” rating for the company in a research note on Friday, March 13th. Shore Capital Group upgraded Alfa Financial Software to a “buy” rating and set a GBX 270 price target for the company in a research note on Thursday, April 30th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Alfa Financial Software has a consensus rating of “Buy” and an average price target of GBX 269.67.

Alfa Financial Software Stock Down 3.3%

The company has a quick ratio of 1.37, a current ratio of 1.60 and a debt-to-equity ratio of 17.99. The company has a market cap of £454.81 million, a P/E ratio of 15.09, a price-to-earnings-growth ratio of 4.19 and a beta of 0.22. The company has a fifty day moving average of GBX 154.85 and a 200 day moving average of GBX 184.55.

Alfa Financial Software (LON:ALFA) last issued its quarterly earnings data on Thursday, March 12th. The company reported GBX 10.19 EPS for the quarter. Alfa Financial Software had a return on equity of 58.56% and a net margin of 23.76%. On average, research analysts anticipate that Alfa Financial Software Holdings PLC will post 8.7583445 earnings per share for the current fiscal year.

About Alfa Financial Software

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.