Alfa Financial Software (LON:ALFA) Releases Earnings Results

Alfa Financial Software (LON:ALFA) issued its quarterly earnings data on Thursday. The company reported GBX 8.68 ($0.11) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Alfa Financial Software had a return on equity of 51.52% and a net margin of 21.79%.

Alfa Financial Software Price Performance

ALFA stock traded down GBX 2.50 ($0.03) during midday trading on Friday, reaching GBX 227.50 ($2.95). 312,660 shares of the company’s stock traded hands, compared to its average volume of 646,367. The company has a 50-day simple moving average of GBX 223.23 and a two-hundred day simple moving average of GBX 215.99. The company has a quick ratio of 1.37, a current ratio of 1.43 and a debt-to-equity ratio of 20.78. Alfa Financial Software has a 1-year low of GBX 160.20 ($2.08) and a 1-year high of GBX 250 ($3.24). The company has a market cap of £681.32 million, a price-to-earnings ratio of 30.75, a PEG ratio of 4.19 and a beta of 0.08.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of Alfa Financial Software in a report on Thursday.

About Alfa Financial Software

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.