Alfa Financial Software (LON:ALFA) Trading 1.8% Higher

Alfa Financial Software Holdings PLC (LON:ALFA)’s stock price was up 1.8% during mid-day trading on Thursday . The company traded as high as GBX 170.20 ($2.10) and last traded at GBX 170.20 ($2.10). Approximately 51,652 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 317,400 shares. The stock had previously closed at GBX 167.20 ($2.07).

Alfa Financial Software Stock Up 1.8 %

The business’s 50 day moving average is GBX 171.10 and its 200-day moving average is GBX 160.99. The company has a debt-to-equity ratio of 19.52, a quick ratio of 1.37 and a current ratio of 1.48. The firm has a market capitalization of £502.46 million, a price-to-earnings ratio of 2,127.50, a price-to-earnings-growth ratio of 4.19 and a beta of 0.08.

Alfa Financial Software Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 30th. Investors of record on Thursday, May 2nd will be paid a GBX 1.30 ($0.02) dividend. The ex-dividend date is Thursday, May 2nd. This represents a yield of 0.77%. Alfa Financial Software’s payout ratio is presently 1,250.00%.

About Alfa Financial Software

Alfa Financial Software Holdings PLC, through its subsidiaries, provides software and consultancy services to the auto and equipment finance industry in the United Kingdom, the United States, rest of Europe, the Middle East, Africa, and internationally. It operates through Subscription, Software, and Services segments.