Fintel (LON:FNTL) Releases Quarterly Earnings Results

Fintel (LON:FNTL) announced its quarterly earnings data on Tuesday. The company reported GBX 13.20 ($0.17) EPS for the quarter, Digital Look Earnings reports. Fintel had a net margin of 8.56% and a return on equity of 5.86%.

Fintel Stock Performance

LON FNTL traded up GBX 5 ($0.07) on Thursday, hitting GBX 261 ($3.40). 21,749 shares of the company’s stock traded hands, compared to its average volume of 236,539. The firm’s 50-day moving average price is GBX 268.85 and its two-hundred day moving average price is GBX 276.06. The firm has a market capitalization of £274.01 million, a PE ratio of 46.80 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 17.73. Fintel has a 1-year low of GBX 240.90 ($3.13) and a 1-year high of GBX 329 ($4.28).

Fintel Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, May 22nd will be issued a GBX 2.45 ($0.03) dividend. This represents a yield of 0.99%. The ex-dividend date is Thursday, May 22nd. This is an increase from Fintel’s previous dividend of $1.20. Fintel’s dividend payout ratio is 71.73%.

Insider Buying and Selling

In related news, insider David Thompson purchased 8,064 shares of Fintel stock in a transaction that occurred on Wednesday, February 12th. The stock was bought at an average cost of GBX 267 ($3.47) per share, for a total transaction of £21,530.88 ($28,009.47). 41.30% of the stock is currently owned by corporate insiders.

Fintel Company Profile

Fintel is a UK fintech and support services business, combining the award-winning intermediary business support services, and the leading research, ratings and fintech businesses.

Fintel provides technology, compliance and regulatory support to thousands of intermediary businesses, data and targeted distribution services to hundreds of product providers and empowers millions of consumers to make better informed financial decisions.