Alpha Financial Markets Consulting (LON:AFM) Trading Up 37.3%

Alpha Financial Markets Consulting plc (LON:AFM) shares rose 37.3% on Wednesday . The company traded as high as GBX 459.80 ($5.78) and last traded at GBX 459.80 ($5.78). Approximately 1,304,043 shares traded hands during mid-day trading, an increase of 318% from the average daily volume of 312,285 shares. The stock had previously closed at GBX 335 ($4.21).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 420 ($5.28) target price on shares of Alpha Financial Markets Consulting in a report on Thursday, April 11th.

Alpha Financial Markets Consulting Price Performance

The stock has a market cap of £530.85 million, a price-to-earnings ratio of 3,867.59 and a beta of 1.02. The stock’s 50 day moving average price is GBX 339.68 and its two-hundred day moving average price is GBX 357.05. The company has a quick ratio of 1.21, a current ratio of 1.15 and a debt-to-equity ratio of 9.83.

About Alpha Financial Markets Consulting

Alpha Financial Markets Consulting plc provides consulting and related services to the asset and wealth management, and insurance industries in the United Kingdom, North America, Europe, and Asia Pacific. The company offers services in the areas of benchmarking, operations and outsourcing, mergers and acquisitions integrations, investments, regulatory compliance and risk, distribution, digital transformation, investment guidelines, fintech and innovation, ETF and indexing, pension and retail investments, ESG and responsible investments, and insurance.