Augmentum Fintech (LON:AUGM) Stock Price Down 0.8% – What’s Next?

Augmentum Fintech (LON:AUGM) shares were down 0.8% during mid-day trading on Monday . The company traded as low as GBX 96.40 ($1.20) and last traded at GBX 96.40 ($1.20). Approximately 96,427 shares traded hands during trading, a decline of 67% from the average daily volume of 293,730 shares. The stock had previously closed at GBX 97.20 ($1.21).

Augmentum Fintech Trading Down 0.8 %

The stock’s 50-day moving average price is GBX 101.36 and its 200-day moving average price is GBX 103.16. The stock has a market cap of £164.46 million and a price-to-earnings ratio of 3,213.33.

Augmentum Fintech (LON:AUGM) last announced its quarterly earnings data on Tuesday, November 26th. The company reported GBX (1.20) (($0.01)) EPS for the quarter.

Insider Transactions at Augmentum Fintech

In related news, insider William Reeve bought 100,000 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was acquired at an average price of GBX 99 ($1.23) per share, for a total transaction of £99,000 ($123,164.97). 5.47% of the stock is currently owned by company insiders.

Augmentum Fintech Company Profile

Augmentum invests in fast growing fintech businesses that are disrupting the financial services sector.

Europe’s leading publicly listed fintech fund, Augmentum launched on the main market of the London Stock Exchange in 2018, giving businesses access to patient capital and support, unrestricted by conventional fund timelines and giving public markets investors access to a largely privately held investment sector during its main period of growth.

Their portfolio of 24 fintech companies includes Tide, Zopa, Onfido, Grover and Cushon.