Alfa Financial Software (LON:ALFA) Trading Down 4.1% – Here’s Why

Shares of Alfa Financial Software Holdings PLC (LON:ALFA) traded down 4.1% during trading on Friday . The stock traded as low as GBX 209 ($2.70) and last traded at GBX 210 ($2.71). 3,844,824 shares were traded during trading, an increase of 469% from the average session volume of 676,142 shares. The stock had previously closed at GBX 219 ($2.83).

Analyst Ratings Changes

Separately, Shore Capital reiterated a “buy” rating on shares of Alfa Financial Software in a research report on Thursday, March 13th.

Alfa Financial Software Stock Down 4.1 %

The company has a market cap of £628.91 million, a P/E ratio of 28.39, a PEG ratio of 4.19 and a beta of 0.08. The stock’s 50-day moving average price is GBX 228.74 and its 200-day moving average price is GBX 217.98. The company has a current ratio of 1.43, a quick ratio of 1.37 and a debt-to-equity ratio of 20.78.

Alfa Financial Software (LON:ALFA) last announced its quarterly earnings results on Thursday, March 13th. The company reported GBX 8.68 ($0.11) earnings per share (EPS) for the quarter. Alfa Financial Software had a return on equity of 51.52% and a net margin of 21.79%. As a group, research analysts forecast that Alfa Financial Software Holdings PLC will post 8.7583445 EPS for the current year.

Alfa Financial Software Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, May 29th will be issued a dividend of GBX 2.40 ($0.03) per share. The ex-dividend date is Thursday, May 29th. This represents a yield of 1.07%. Alfa Financial Software’s payout ratio is 13.52%.

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.