Augmentum Fintech (LON:AUGM) Hits New 1-Year High - Here's What Happened

Key Points

• Augmentum Fintech hit a new 52-week high of GBX 111, last traded at GBX 111 on Tuesday with 654,009 shares changing hands, up 0.9% from the prior close of GBX 110.
• The company has a market capitalization of £185.68 million, a negative PE of -15.42 and a beta of 1.23, with 50- and 200-day moving averages of GBX 107.51 and GBX 95.73 respectively.
• Augmentum is a publicly listed fintech fund (launched on the LSE in 2018) that invests in fast-growing fintechs and holds stakes in firms including Tide, Zopa, iwoca and RetailBook.

Augmentum Fintech (LON:AUGM - )'s share price reached a new 52-week high on Tuesday . The stock traded as high as GBX 111 and last traded at GBX 111, with a volume of 654009 shares changing hands. The stock had previously closed at GBX 110.

Augmentum Fintech Trading Up 0.9%

The firm has a market capitalization of £185.68 million, a PE ratio of -15.42 and a beta of 1.23. The company has a fifty day moving average price of GBX 107.51 and a two-hundred day moving average price of GBX 95.73.

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 fintech companies includes Tide, Zopa, iwoca and RetailBook.

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