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Tech in focus: Instem, Alfa Financial Software and Attraqt

Published: 07:09 02 Oct 2020 EDT

Proactive analyst Richard Jeans takes a look at the UK tech industry and picks three stocks he has been watching this week.

Jeans firstly focuses on Instem (LON:INS) which is a software business servicing the global life sciences market, which recently reported a 12% organic growth rate for the first half.

Jeans then moves on to Alfa Financial Software (LON:ALFA) which provides mission-critical software for the asset finance industry, and he believes is in a 'turnaround mode'.

Thirdly, Attraqt (LON:ATQT) provides SaaS solutions for online shopping and Jeans says there is a tremendous opportunity for this business given the massive acceleration in online sales following COVID-19.

Instem Plc 'very positive about 2017 clinical opportunites'

Instem Plc (LON:INS) said the performance of its clinical arm had further deteriorated since it last updated and will fall “materially short” of its financial targets. The remainder of the business, which provides analytical software to drug developers, has seen “increased...

on 11/23/2016