Augmentum Fintech (LON:AUGM) Reaches New 52-Week Low - Should You Sell?

Augmentum Fintech (LON:AUGM - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 93 ($1.17) and last traded at GBX 95.32 ($1.20), with a volume of 267039 shares. The stock had previously closed at GBX 94.40 ($1.19).

Augmentum Fintech Price Performance

The firm has a market cap of £157.07 million and a P/E ratio of 0.89. The company's 50-day simple moving average is GBX 100.68 and its 200 day simple moving average is GBX 102.04.

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

Insider Activity

In other Augmentum Fintech news, insider William Reeve purchased 100,000 shares of the company's stock in a transaction dated Monday, December 2nd. The shares were acquired at an average price of GBX 99 ($1.25) per share, for a total transaction of £99,000 ($124,905.37). 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.