Augmentum Fintech (LON:AUGM) Shares Down 0.5% – Here’s Why

Shares of Augmentum Fintech (LON:AUGM) dropped 0.5% on Monday . The company traded as low as GBX 104.50 ($1.31) and last traded at GBX 107 ($1.34). Approximately 175,296 shares were traded during trading, a decline of 37% from the average daily volume of 280,294 shares. The stock had previously closed at GBX 107.50 ($1.35).

Augmentum Fintech Stock Down 0.2 %

The stock’s 50 day moving average price is GBX 100.58 and its two-hundred day moving average price is GBX 105.77. The stock has a market cap of £182.20 million and a price-to-earnings ratio of 3,560.00.

Insider Activity at Augmentum Fintech

In other Augmentum Fintech news, insider William Reeve purchased 100,000 shares of Augmentum Fintech stock in a transaction that occurred on Monday, December 2nd. The stock was bought at an average price of GBX 99 ($1.24) per share, with a total value of £99,000 ($124,106.81). Company insiders own 5.47% of the company’s stock.

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.