Alfa Financial Software (LON:ALFA) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Alfa Financial Software Holdings PLC (LON:ALFA) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 157.62 and traded as low as GBX 152.60. Alfa Financial Software shares last traded at GBX 153, with a volume of 883,180 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ALFA shares. Shore Capital Group upgraded Alfa Financial Software to a “buy” rating and set a GBX 270 target price on the stock in a report on Thursday, April 30th. Canaccord Genuity Group decreased their target price on Alfa Financial Software from GBX 382 to GBX 264 and set a “buy” rating on the stock in a report on Friday, March 13th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Alfa Financial Software currently has a consensus rating of “Buy” and an average price target of GBX 269.67.

Alfa Financial Software Stock Up 4.1%

The company has a current ratio of 1.60, a quick ratio of 1.37 and a debt-to-equity ratio of 17.99. The firm has a market capitalization of £473.24 million, a price-to-earnings ratio of 15.70, a PEG ratio of 4.19 and a beta of 0.18. The stock has a fifty day moving average of GBX 157.62 and a 200-day moving average of GBX 191.95.

Alfa Financial Software (LON:ALFA) last issued its earnings results on Thursday, March 12th. The company reported GBX 10.19 earnings per share (EPS) for the quarter. Alfa Financial Software had a return on equity of 58.56% and a net margin of 23.76%. As a group, sell-side analysts expect that Alfa Financial Software Holdings PLC will post 8.7583445 EPS for the current year.

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.