Alfa Financial Software (LON:ALFA) Reaches New 52-Week High – Still a Buy?

Alfa Financial Software Holdings PLC (LON:ALFA)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 225 ($2.92) and last traded at GBX 220 ($2.85), with a volume of 499057 shares. The stock had previously closed at GBX 219.87 ($2.85).

Alfa Financial Software Stock Up 0.1 %

The firm has a market capitalization of £649.48 million, a P/E ratio of 3,142.86, a P/E/G ratio of 4.19 and a beta of 0.08. The company has a quick ratio of 1.37, a current ratio of 1.43 and a debt-to-equity ratio of 20.78. The company has a fifty day simple moving average of GBX 205.01 and a 200 day simple moving average of GBX 189.55.

Alfa Financial Software Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, September 26th will be issued a GBX 4.20 ($0.05) dividend. This represents a yield of 2.16%. This is an increase from Alfa Financial Software’s previous dividend of $1.30. The ex-dividend date is Thursday, September 26th. Alfa Financial Software’s dividend payout ratio (DPR) is presently 1,428.57%.

Insider Buying and Selling

In other Alfa Financial Software news, insider Matthew White sold 828,551 shares of the firm’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of GBX 212 ($2.75), for a total value of £1,756,528.12 ($2,277,951.13). 58.40% of the stock is owned by corporate insiders.

Alfa Financial Software Company Profile

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.