Augmentum Fintech (LON:AUGM) Shares Down 0.2% – Time to Sell?

Shares of Augmentum Fintech (LON:AUGM – Get Free Report) dropped 0.2% during mid-day trading on Monday. The company traded as low as GBX 35.49 and last traded at GBX 35.49. Approximately 3,292 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 807,421 shares. The stock had previously closed at GBX 35.55.

Augmentum Fintech Stock Performance

The business has a fifty day simple moving average of GBX 35.43 and a 200 day simple moving average of GBX 65.45. The stock has a market cap of £59.37 million, a price-to-earnings ratio of -4.93 and a beta of 1.23.

About Augmentum Fintech

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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.

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