Fintel (LON:FNTL) Shares Down 2.4% - Time to Sell?

Fintel Plc (LON:FNTL - Get Free Report) shares dropped 2.4% during trading on Friday . The company traded as low as GBX 290 ($3.66) and last traded at GBX 290 ($3.66). Approximately 45,380 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 210,875 shares. The stock had previously closed at GBX 297 ($3.75).

Fintel Stock Down 2.4 %

The company has a current ratio of 0.75, a quick ratio of 0.85 and a debt-to-equity ratio of 17.69. The firm's 50 day moving average price is GBX 279.89 and its two-hundred day moving average price is GBX 294.84. The company has a market capitalization of £302.15 million, a price-to-earnings ratio of 4,833.33 and a beta of 1.17.

Fintel Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, November 1st. Shareholders of record on Thursday, September 26th were given a dividend of GBX 1.20 ($0.02) per share. This represents a yield of 0.38%. The ex-dividend date was Thursday, September 26th. Fintel's dividend payout ratio (DPR) is presently 6,666.67%.

About Fintel

Fintel Plc engages in the provision of intermediary services and distribution channels to the retail financial services sector in the United Kingdom. It operates through three segments: Intermediary Services, Distribution Channels, and Fintech and Research. The Intermediary Services segment provides compliance and regulation services to individual financial intermediary member firms, including directly authorized IFAs, mortgage advisers, and wealth managers, as well as workplace consultants.