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Fintel (LON:FNTL) Stock Price Down 1.8% - Here's What Happened

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Shares of Fintel Plc (LON:FNTL - Get Free Report) dropped 1.8% during mid-day trading on Wednesday . The company traded as low as GBX 278 ($3.59) and last traded at GBX 280 ($3.62). Approximately 50,280 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 179,341 shares. The stock had previously closed at GBX 285 ($3.68).

Fintel Stock Down 0.3 %

The company has a quick ratio of 0.85, a current ratio of 0.75 and a debt-to-equity ratio of 17.73. The business has a 50-day moving average price of GBX 268.72 and a 200-day moving average price of GBX 278.66. The firm has a market capitalization of £299.21 million, a PE ratio of 51.11 and a beta of 1.17.

Insider Activity

In related news, insider David Thompson purchased 8,064 shares of the company's stock in a transaction dated Wednesday, February 12th. The stock was acquired at an average cost of GBX 267 ($3.45) per share, for a total transaction of £21,530.88 ($27,821.27). Company insiders own 41.30% of the company's stock.

Fintel Company Profile

(Get Free Report)

Fintel is a UK fintech and support services business, combining the award-winning intermediary business support services, and the leading research, ratings and fintech businesses. Fintel provides technology, compliance and regulatory support to thousands of intermediary businesses, data and targeted distribution services to hundreds of product providers and empowers millions of consumers to make better informed financial decisions.

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