Augmentum Fintech (LON:AUGM) Sets New 1-Year Low – Should You Sell?

Shares of Augmentum Fintech (LON:AUGM) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 91.80 ($1.16) and last traded at GBX 92.36 ($1.17), with a volume of 159603 shares. The stock had previously closed at GBX 94.50 ($1.19).

Augmentum Fintech Stock Performance

The company has a market cap of £155.65 million and a price-to-earnings ratio of 0.88. The company’s 50 day moving average price is GBX 100.05 and its 200 day moving average price is GBX 101.60.

Augmentum Fintech (LON:AUGM) last issued its quarterly earnings data on Tuesday, November 26th. The company reported GBX (1.20) (($0.02)) earnings per share for the quarter. Augmentum Fintech had a return on equity of 62.05% and a net margin of 956.37%.

Insider Activity at Augmentum Fintech

In other Augmentum Fintech news, insider William Reeve purchased 100,000 shares of the stock in a transaction on Monday, December 2nd. The shares were purchased at an average price of GBX 99 ($1.25) per share, with a total value of £99,000 ($124,936.90). 5.47% of the stock is owned by corporate 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.