Alfa Financial Software Upheld Buy Rating by Shore Capital

Alfa Financial Software (LON:ALFA - Get Free Report) has received a confirmation of its "buy" rating from investment analysts at Shore Capital in a report published on Thursday, according to sources in the financial community.

Alfa Financial Software Stock Performance

During midday trading on Thursday, shares of Alfa Financial Software saw an increase of GBX 3.50 ($0.05), reaching a price of GBX 227 ($2.94). A total of 1,183,745 shares were traded, significantly higher than the company’s average volume of 651,173. Alfa Financial maintains a quick ratio of 1.37, a current ratio of 1.43, and a debt-to-equity ratio of 20.78. The firm reports a 50-day simple moving average of GBX 223.23 and a 200-day simple moving average of GBX 215.99. Currently, Alfa Financial has a market capitalization of £679.82 million, with a price-to-earnings ratio of 30.68 and a price-to-earnings-growth ratio of 4.19. The beta for the stock is recorded at 0.08. Over the past year, the shares have traded between a low of GBX 160.20 ($2.08) and a high of GBX 250 ($3.24).

About Alfa Financial Software

Founded in 1990, Alfa Financial Software provides software solutions and consultancy services primarily to the global asset and automotive finance sector. Their expertise and commitment to best practice methodologies enable them to manage large software implementations and complex business change projects with ease.

Considerations for Investors

Before investing, potential investors may want to consider other stocks available in the market. While Alfa Financial Software comes with a current buy rating from some analysts, there may be alternative opportunities that analysts suggest might yield better returns. Overall, thorough research is advised before making investment decisions.

Alfa, Finance, Stocks