Augmentum Fintech (LON:AUGM) Reaches New 52-Week High – What’s Next?

Augmentum Fintech (LON:AUGM) reached a new 52-week high on Wednesday . The company traded as high as GBX 110 and last traded at GBX 110, with a volume of 728605 shares changing hands. The stock had previously closed at GBX 109.50.

Augmentum Fintech Trading Up 0.5%

The stock has a fifty day moving average price of GBX 103.39 and a 200-day moving average price of GBX 94.07. The firm has a market capitalization of £183.17 million, a price-to-earnings ratio of -15.21 and a beta of 1.23.

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 fintech companies includes Tide, Zopa, iwoca and RetailBook.