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

Augmentum Fintech (LON:AUGM) was down 0.8% during trading on Monday . The company traded as low as GBX 96.40 ($1.21) and last traded at GBX 96.40 ($1.21). Approximately 96,427 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 293,730 shares. The stock had previously closed at GBX 97.20 ($1.22).

Augmentum Fintech Stock Down 0.5 %

The firm’s fifty day simple moving average is GBX 101.27 and its 200-day simple moving average is GBX 102.88. The company has a market cap of £165.48 million and a PE ratio of 3,233.33.

Augmentum Fintech (LON:AUGM) last announced its earnings results on Tuesday, November 26th. The company reported GBX (1.20) (($0.02)) EPS for the quarter.

Insider Buying and Selling at Augmentum Fintech

In other Augmentum Fintech news, insider William Reeve bought 100,000 shares of Augmentum Fintech stock in a transaction that occurred on Monday, December 2nd. The shares were purchased at an average cost of GBX 99 ($1.24) per share, for a total transaction of £99,000 ($123,765.47). 5.47% of the stock is owned by insiders.

About Augmentum Fintech

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.