Augmentum Fintech (LON:AUGM) Reaches New 12-Month Low – Here’s Why

Augmentum Fintech (LON:AUGMGet Free Report) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 91.60 ($1.16) and last traded at GBX 91.80 ($1.17), with a volume of 287247 shares. The stock had previously closed at GBX 91.80 ($1.17).

Augmentum Fintech Stock Performance

The business’s 50 day moving average is GBX 98.87 and its two-hundred day moving average is GBX 101.09. The firm has a market capitalization of £154.71 million and a PE ratio of 0.87.

About Augmentum Fintech

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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.

Further Reading

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