Augmentum Fintech (LON:AUGM) Trading Down 2% – Should You Sell?

Augmentum Fintech (LON:AUGM) traded down 2% during trading on Monday . The stock traded as low as GBX 100.02 ($1.22) and last traded at GBX 100.50 ($1.23). 164,467 shares traded hands during trading, a decline of 49% from the average session volume of 322,077 shares. The stock had previously closed at GBX 102.50 ($1.25).

Augmentum Fintech Trading Down 2.0 %

The firm has a market capitalization of £171.45 million and a PE ratio of 3,350.00. The firm’s fifty day moving average price is GBX 102.56 and its 200 day moving average price is GBX 105.42.

Insider Activity at Augmentum Fintech

In other news, insider William Reeve purchased 100,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were purchased at an average cost of GBX 99 ($1.21) per share, with a total value of £99,000 ($121,145.37). 5.47% of the stock is currently owned by insiders.

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.