Augmentum Fintech (LON:AUGM) Stock Price Down 0.8% – Time to Sell?

Augmentum Fintech (LON:AUGM) was down 0.8% 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 has a market capitalization of £165.48 million and a PE ratio of 3,233.33. The stock has a 50-day moving average price of GBX 101.27 and a 200 day moving average price of GBX 102.88.

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

Insider Buying and Selling

In related news, insider William Reeve bought 100,000 shares of the stock in a transaction on Monday, December 2nd. The shares were bought at an average cost of GBX 99 ($1.24) per share, for a total transaction of £99,000 ($123,765.47). Insiders own 5.47% of the company’s stock.

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.