Alfa Financial Software Holdings PLC (LON:ALFA – Get Rating)’s stock price dropped 1.1% during trading on Wednesday . The stock traded as low as GBX 134.55 ($1.67) and last traded at GBX 135 ($1.68). Approximately 51,155 shares were traded during trading, a decline of 89% from the average daily volume of 478,445 shares. The stock had previously closed at GBX 136.50 ($1.70).
Alfa Financial Software Stock Performance
The stock has a market cap of £399.83 million, a P/E ratio of 1,687.50, a PEG ratio of 4.19 and a beta of 0.39. The company has a fifty day moving average of GBX 152.10 and a 200 day moving average of GBX 156.81. The company has a debt-to-equity ratio of 22.14, a current ratio of 1.52 and a quick ratio of 1.37.
Alfa Financial Software Cuts Dividends
The company also recently announced a dividend, which will be paid on Tuesday, May 9th. Investors of record on Thursday, April 13th will be issued a dividend of GBX 1.20 ($0.01) per share. The ex-dividend date is Thursday, April 13th. This represents a yield of 0.72%. Alfa Financial Software’s payout ratio is 1,250.00%.
Insider Buying and Selling
In related news, insider Andrew Page sold 16,000,000 shares of the business’s stock in a transaction that occurred on Thursday, March 9th. The stock was sold at an average price of GBX 135 ($1.68), for a total transaction of £21,600,000 ($26,825,633.38). 61.43% of the stock is owned by corporate insiders.
About Alfa Financial Software
(Get Rating)
Alfa Financial Software Holdings PLC, through its subsidiaries, provides software solutions and consultancy services to the asset finance industry in the United Kingdom, the United States, rest of Europe and internationally. The company operates through Services, Software, and Subscription segments.
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