Fiinu Plc (LON:BANK – Get Free Report) shares traded up 11.9% on Wednesday. The stock traded as high as GBX 7 and last traded at GBX 5.32. 3,066,045 shares changed hands during trading, an increase of 622% from the average daily volume of 424,871 shares. The stock had previously closed at GBX 4.75.
Fiinu Stock Performance
The stock has a market capitalization of £18.95 million, a PE ratio of -1.51 and a beta of 8.17. The stock’s 50 day moving average is GBX 3.20 and its two-hundred day moving average is GBX 5.53.
Fiinu (LON:BANK – Get Free Report) last posted its quarterly earnings data on Friday, September 11th. The company reported GBX (0.54) EPS for the quarter. Fiinu had a negative return on equity of 634.07% and a net margin of 65.04%.
About Fiinu
Fiinu plc is a UK-based fintech group delivering open banking-enabled infrastructure and financial services across lending and brokerage. At the heart of Fiinu’s strategy is the Plugin Overdraft®, a white-label solution that integrates seamlessly into existing banking applications, allowing customers to access arranged overdrafts without switching banks. This product addresses the needs of the 80% of UK account holders who currently lack access to overdrafts. Using real-time Open Banking data and AI-driven underwriting, Fiinu can assess affordability responsibly and provide fair overdraft limits—helping fill the £10 billion gap left by the removal of unarranged overdrafts in 2020.
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