Fintel (LON:FNTL) Stock Price Down 2.4% – Here’s Why

Shares of Fintel Plc (LON:FNTL) fell 2.4% during trading on Thursday . The company traded as low as GBX 277 ($3.47) and last traded at GBX 279 ($3.50). 29,984 shares were traded during mid-day trading, a decline of 86% from the average session volume of 217,852 shares. The stock had previously closed at GBX 286 ($3.59).

Fintel Stock Up 0.7 %

The stock’s fifty day moving average price is GBX 274.47 and its 200 day moving average price is GBX 295.90. The stock has a market cap of £292.77 million, a P/E ratio of 4,683.33 and a beta of 1.17. The company has a current ratio of 0.75, a quick ratio of 0.85 and a debt-to-equity ratio of 17.69.

Fintel Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 1st. Stockholders of record on Thursday, September 26th were given a dividend of GBX 1.20 ($0.02) per share. The ex-dividend date was Thursday, September 26th. This represents a dividend yield of 0.38%. Fintel’s dividend payout ratio (DPR) is presently 6,666.67%.

Fintel Company Profile

Fintel Plc engages in the provision of intermediary services and distribution channels to the retail financial services sector in the United Kingdom. It operates through three segments: Intermediary Services, Distribution Channels, and Fintech and Research. The Intermediary Services segment provides compliance and regulation services to individual financial intermediary member firms, including directly authorized IFAs, mortgage advisers, and wealth managers, as well as workplace consultants.